FFMS Changed Procedure on Suspension of Trading and Market Reopening
OREANDA-NEWS On 02 October was announced, that the Federal Financial Markets Service issued an instruction in compliance with which starting from September 30th, 2008, 12:30 pm, Moscow time, and until further notice from the FFMS, the Russian stock exchanges shall suspend trading in shares, bonds and (or) investment units for at least one hour if the opening value of the appropriate technical index goes up or down by more than 10% as compared to its closing value of the previous trading day, as well as if the current value of the corresponding technical index changes both ways by more than 5% as compared to its opening value of the current trading day.
For further information, please contact the RTS Public Relations Department at +7(495)705-9031, 500-3840.
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