St. Petersburg Exchange prohibited the submission of applications for securities in four currencies
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The St. Petersburg Exchange has established a ban on filing applications for securities in US dollars, euros, Hong Kong dollars and yuan. The restrictions come into force today, November 27, follows from notifications on the trading platform website.
The ban on submitting orders for securities in the specified currencies applies in the following trading modes:
- in the mode of negotiated transactions with settlement codes T1, T2;
- in the trading mode “addressed repo with a central counterparty” with settlement codes T0T2, T1T2;
- in the trading mode “addressless repo with a central counterparty” with the settlement code T1T2.
Since November 2, US sanctions have been imposed on the St. Petersburg Exchange. After being included in the sanctions list, the trading platform suspended trading in foreign securities. From November 3, transactions on the trading platform are possible only with certain Russian securities and shares of the exchange itself. Today, November 27, Moscow Arbitration Court registered application for declaring SPB Exchange PJSC bankrupt. Representatives of the trading platform claim that there are no signs of bankruptcy.
About the situation with the stock exchange – in the material “SPB Exchange has completed the settlement”.
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