Moscow Exchange to resume equity trading
On 24 March 2022, Moscow Exchange will resume trading in stocks. MOEX’s markets will operate as follows as decided by the Bank of Russia.
33 stocks from the MOEX Russia Index will be traded on the Equity Market under the following rules:
- 09:50-10:00 – opening auction;
- 10:00-13:40 – trading period;
- 13:40-13:50 – closing auction;
- 9:50-14:00 – negotiated trades/negotiated trades with the CCP;
- Short sales in stocks are not allowed.
Please note that trading may take place in the form of a discrete auction starting no later than 13:10. Details of the discrete auction procedure can be found on the Moscow Exchange website.
Domestic sovereign bonds (OFZ) will be available for trading on the Bond Market according to the standard procedure:
- from 9:50 to 18:50 Moscow time, the Main Trading Mode (central order book trading) will be available (9:50-10:00 - opening auction, 10:00-18:40 trading period, 18:40-18:50 - closing auction);
- from 9:30-19:00, OFZs will be available for negotiated trades/negotiated trades with the CCP;
- other bonds will be available only for negotiated buyback trades with settlement in RUB from 09:30 to 19:00.
The Derivatives Market will trade:
- from 10:00-18:45, FX and commodity instruments as well as contracts on the SPDR S&P 500 ETF Trust and the DomClick Real Estate Index, and futures on the OFZ basket and on the Russian Government Bond Index (RGBI);
- from 10:00-14:00, futures and options on the MOEX Russia Index and RTS Index as well as on stocks from the MOEX Russia Index available for trading on the Equity Market; after 14:00, these instruments will be available only for negotiated position-closing trading.
- from 10:00-18:45, contracts on shares of Mechel, Rosseti, Gazpromneft, Samolet, SPB Exchange, Alibaba and Baidu on the basis of negotiated orders;
- other instruments are available only for negotiated position-closing trades.
The Money Market will hold negotiated trading from 9:30 to 19:00 and order book trading from 10:00 to 19:00.
The FX and Precious Metals Markets will be open from 10:00-19:00.
The Standartised OTC Derivatives Market will be closed.