When will Moscow (stock) Exchange reopen its stock and derivative markets to both Russians and foreigners?

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MOEX (Moscow Exchange) is one of the two large Russian stock exchanges. Typically, MOEX used to be open Monday through Friday. On February 24 2022, Russia invaded Ukraine, and soon the price of RUR (the Russian currency) plummeted. On February 28, Monday, MOEX didn't open and the Bank of Russia decided not to reopen it on the following days (March 1 through March 9) either (see Bank of Russia's press releases: 1, 2, and 3 (in Russian)). Neither stocks nor derivatives could be traded on any of these days, while currencies could be traded on some of the days. On March 4, it was announced that MOEX was suspended from Global Trade Group (see WSJ).

All of this might be related to Putin's Executive Order 79 and Executive Order 81 which significantly limit how Russian residents can work with foreign currencies, foreign bank accounts, stocks, and real estate. The decision not to reopen MOEX might also be related to: the Russian Government's plans to protect the Russian economy; the sanctions other countries are imposing on Russia; the countersanctions Russia is imposing on other countries; hackers attacking Russian government websites.

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MOEX (Moscow Exchange) is one of the two large Russian stock exchanges. Typically, MOEX used to be open Monday through Friday. On February 24 2022, Russia invaded Ukraine, and soon the price of RUR (the Russian currency) plummeted. On February 28,...

Last updated: 2024-04-25
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Metaculus
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