Moscow Exchange not imposing additional restrictions on operations with foreign securities

MOSCOW. May 30 (Interfax) - The Moscow Exchange is not imposing additional restrictions on transactions with foreign securities, and all existing trading modes remain unchanged, according to a statement from the exchange.

By decision of the Central Bank of Russia (CBR), foreign securities transactions with which are suspended by international settlement and clearing organizations [postfix -RM] will remain restricted for transactions in the main trading mode (buying and selling), effective from March 24. Trades in such securities in negotiated trades modes (PPS / PPS with CC), as well as in repo and repo with CC modes will be held without restrictions.

Trades in securities of foreign issuers engaged in production and economic activities mainly in Russian territory will continue to be conducted without restrictions.

The Exchange draws investors' attention to the fact that the suspension of transactions in foreign securities by international settlement and clearing organizations may lead to restrictions on holders' rights in terms of receiving income on foreign securities and participating in a number of corporate actions.