MOSCOW, December 29 SPB Exchange has suspended trading in securities due to a technical failure, the trading platform reported on its website.
““The reasons for the technical failure are being clarified,” they added.
SPB Exchange promised to additionally inform about the time of resumption of organized trading in securities.
The suspension occurred at 7:50 Moscow time .
The organization noted that they act in accordance with the regulations of the Central Bank.
In early November, SPB Exchange came under blocking US sanctions, after which it suspended trading in foreign securities. As of November 3, only certain Russian stocks can be traded on the platform.
Last week, the trading platform announced that its settlement depository, SPB Bank, would send a request to the US Treasury Office of Foreign Assets Control proposing mechanisms for unlocking assets, including including the exchange is ready to give up control in the depository, reducing the share in its authorized capital.