Derivatives trading was interrupted again at the Moscow Exchange earlier today, with the need to reload the core of the trading system blamed for the interruption.
Moscow Exchange suspends derivatives trading for more than two hours
Moscow Exchange, or Moskovskaya Birzha OAO (MCX:MOEX), the biggest venue for trading shares, derivatives and currencies in Russia, has been experiencing frequent trading interruptions over the past several months.
Today was not an exception and added to the gloomy statistics – the derivatives market was affected again. The Exchange first confirmed that trading was halted at 10:27 (Moscow time), explaining the suspension with the need to reload the core of the trading system. Derivatives market trading resumed at 12:40 (Moscow Time), after being off for more than two hours.
On September 8, 2015, MOEX suffered a trading outage that affected the derivatives, money, Forex and equity&bond markets. Previously, on September 1, 2015, trading on the Equity & Bond markets was interrupted for half an hour. On August 12, 2015, trading on the derivatives market was suspended for nearly half an hour, from 11:23 MSK to 11:50 MSK. On June 29, 2015, transmission of market data was halted for a short time, whereas on June 15, 2015, trading on this market was interrupted for more than two hours.
To view the announcement from MOEX on derivatives trading resumption, click here.
David Hobart
David Hobart is Managing Director of FinAffiliates Limited, the UK media group behind LeapRate, AskTraders and a network of more than 30 financial and trading titles published across several languages and regulated markets. He writes on the commercial side of the industry: broker marketing, client acquisition, affiliate strategy and the editorial standards that hold it together. He is based in North Norfolk.
