Reasons for equity, bond, and repo trading suspension

At around 11:25 am MSK on 11 June, Moscow Exchange specialists identified an error in the data distribution system while gateways for the equity, bond, and repo markets" trading and clearing system were processing settlement reports. The error made many gateways unavailable. The trading system"s core operated as usual.

According to financial market regulations and Moscow Exchange"s Securities Trading Rules, the exchange suspended trading across all sectors of the equity, bond, and repo markets, as many participants were unable to connect to the trading system.

The error was fixed promptly and the revised code introduced automatically on all gateways of the trading system by 12:15 pm MSK, making the system available for order cancellation. Trading was resumed at 12:40 pm MSK.

Trading on all other Moscow Exchange markets continued as usual.

We apologise for any inconvenience caused.

For further information, please contact the Public Relations Department at (495) 363-3232.