Moscow Exchange explained the reasons for stopping trading on the stock market – Kommersant

Moscow Exchange explained the reasons for stopping trading on the stock market – Kommersant

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Trading on the Moscow Exchange stock market (MOEX: MOEX) were resumed at 11:35 Moscow time, as well as promised platform. How reported press service of the Moscow Exchange, the suspension was caused by a configuration error in the main server of the stock market trading and clearing system. The platform switched to it “as part of eliminating the emergency situation on February 13.”

“Trading on the remaining markets of the Moscow Exchange: the derivatives market, the foreign exchange market and the precious metals market, as well as deposit and credit operations on the money market are carried out as usual,” the press release clarifies.

Yesterday, February 13, the Moscow Exchange stopped trading on the stock market without explanation. Bargaining were suspended from 13:58 Moscow time, they resumed from 15:45 Moscow time. Exchange named caused by a hardware error on the main server. The Moscow Exchange warned that on February 13 and 14, technical work to update the system was planned on the T1 test circuit of the stock and foreign exchange markets.

Laura Keffer

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