Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Moscow Exchange: Reasons For Halt Of Trading On Equity And Bond Market

Date 30/07/2014

Today at 15:56 Moscow time a software malfunction affected the systems at Moscow Exchange's Equity and Bond Market. A fund transfer transaction resulted in a discrepancy in the state of several components of the trading system, namely the central core and perimeter access gateways. Under these conditions, continued operation of the trading and clearing system became impossible and the system halted.

Normal operation of the system was restored by 17:35, and trading resumed at 17:50.

The Exchange extended trading hours until 19:30 Moscow time to accommodate trading participants. In addition, the interim clearing session was delayed from 16:00 to 18:05. 

Trading and clearing on Moscow Exchange's FX Market and Derivatives Market was normal throughout the day.