Digital Broker will cease operations on the St. Petersburg Exchange from January 30 – Kommersant
[ad_1]
The investment company Digital Broker reported that all trading operations with Russian securities on the St. Petersburg Exchange will be unavailable to the company’s clients from January 30, 2024. Against the backdrop of reports of this, shares of the St. Petersburg Exchange fell by almost 14%.
“All traded securities have been transferred to the Moscow Exchange circuit. This is our decision regarding the securities of our clients,” said RBC Representative of Digital Broker.
The press service of the broker Finam reported that the company does not plan to transfer Russian securities traded on the St. Petersburg Exchange to the Moscow Exchange.
The St. Petersburg Exchange itself told RIA Novosti that the platform does not intend to stop trading in Russian securities; on January 30 and on the following days they will “take place as scheduled.” “The widespread reports about the cessation of trading on the St. Petersburg Exchange from January 30, 2024 are not true,” added representatives of the exchange.
SPB Exchange came under US sanctions on November 2. Following this, the trading platform suspended trading in foreign securities. The management of St. Petersburg Exchange has repeatedly spoke with statements that the site does not plan to liquidate due to being included in the American sanctions list.
Read more about SPB Exchange’s plans to unlock assets in the Kommersant publication. “Shares are being shifted away from sanctions”
[ad_2]
Source link
