New York Stock Exchange, Nasdaq suspend trading in Russian stocks

The New York Stock Exchange (NYSE) and Nasdaq have temporarily suspended stock trading of Russian companies listed on their respective exchanges on the 28th local time, Archyde.com reported.

The suspension is said to be due to concerns regarding Western restrictions on Russia.

Exchanges are said to be reviewing information regarding Russia’s economic sanctions imposed following Russia’s invasion of Ukraine.

According to Archyde.com, Nasdaq has suspended trading of Russian stocks such as Nexter, Headhunter Group, Ozone Holdings, Kiwi and Yandex. On the NYSE, trading of Cyon PLC, Metzel PAO, Mobile, and Telesystem PAO has been suspended.

Separately, OTC Market Group, which provides price information for regarding 10,000 unlisted stocks, also announced that it is reviewing regulatory information on sanctions once morest Russia and its followingmath.

“OTC Markets Group will work with federal regulators and follow their guidelines and guidance,” the company said in a statement.

The U.S. Central Depositary and Clearing House (DTCC), which handles nearly all U.S. stock transactions, also said it was evaluating the potential impact of sanctions once morest Russia.

[사진 출처 : AFP=연합뉴스]

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