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UPDATE 1-Moscow Exchange resumes stock market trading after software glitch

  • May 08, 2020
  • Business & Economy

(Updates to include resumption of trading)

MOSCOW, May 8 (Reuters) – The Moscow Exchange on Friday suspended trading on the stock market for 42 minutes because of a software error and gave market makers 15 minutes to withdraw previously placed orders before trading resumed, the bourse said in a statement.

Trading of derivatives, currency and commodity markets was unaffected by the error, which caused stock market trading to be suspended at 12:08 (0908 GMT) in Moscow.

“We apologise for any inconvenience caused,” the exchange said, which returned to normal operation at 12:50.

Reporting by Elena Fabrichnaya and Andrey Ostroukh, Writing by
Alexander Marrow; editing by Alison Williams and Jason Neely

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