Moscow Exchange Trading Halted for Almost Two Hours

Trading on the Moscow Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term was suspended starting from 15:00 local time (13:00 GMT). The company shared in an announcement that the trading session was suspended due to a technical problem related to the network.

The list of affected markets extends to equities and bonds, FX, derivatives and money markets. This is not the first time the Moscow Exchange has experienced technical issues within the past year.

Back in March, trading on the foreign exchange market was halted for over an hour. A malfunction in the operation of gateways used to access the FX market's trading system lead to a stop of precious metals trading.

Last year, equity and bond markets were frozen for almost two hours. A systemic failure was triggered by a fund transfer transaction. At the time the foreign exchange and derivatives markets remained unaffected.

The company has switched operations to its backup systems after the technical issue was identified and trading resumed.

Trading on the main market of Moscow Exchange resumed at 16:50 local time (13:50 GMT), whilst the derivatives, FX and precious metals markets resumed operations at 17:00 (14:00 GMT).

The reliability of trading systems has been questioned by regulators and traders in recent years, especially after the rapid expansion of high-frequency trading (HFT). The May 2010 stock market “flash crash” has focused the attention of many market participants on some order Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term issues which ultimately led to the latest publication of bestselling author Michael Lewis, “Flash Boys”.