2 Feb 2023 14:40

SPIMEX resumes trading in sections of commodity market following tech malfunction, extends trading for one hour

MOSCOW. Feb 2 (Interfax) - The St. Petersburg International Mercantile Exchange (SPIMEX) has resumed trading in the sections of the commodity market, the exchange said in a statement.

As noted, trading in the commodity sections will be from 1:45 p.m. until 3 p.m. Moscow time, and they have been extended by an hour. Meantime, trading in the "Natural Gas" section will be from 1:45 p.m. until 2:15 p.m. Moscow time.

Trading in the contract mode based on targeted orders at a fixed price will be from 3:40 p.m. until 3:55 p.m. Moscow time.

SPIMEX also notes that the e-trading system is accessible for withdrawing previously placed orders.

SPIMEX earlier on Thursday reported that trading was suspended at 11:45 a.m. Moscow Time owing to "a malfunction in the central trading server of the ETS [e-trading system] of the commodity markets". Specifically, traders in the "Petroleum Products" section reported that they could not access the SPIMEX terminal.