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Russia Will Not Reopen: "The Situation Has Been Recognized As An Emergency"

Submitted by Tyler Durden on 04/23/2012 12:42 -0400

One temporary halt and three delay attempts later, and we get.... this.

Yes, this is the Russian stock market.

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Mon, 04/23/2012 - 12:44 | 2367319 Thomas Jefferson

Defcon 1? Are the missles airborne?

Mon, 04/23/2012 - 12:50 | 2367352 slaughterer

Just a technical glitch. The well-educated Russian IT engineers will have it fixed in no time.

Mon, 04/23/2012 - 12:56 | 2367376 redpill

Meanwhile in the bowels of the Russian stock exchange....

http://www.youtube.com/watch?v=zOX4ZWo5d_g

Mon, 04/23/2012 - 12:58 | 2367396 TruthInSunshine

It's only a technical suspension.

Mon, 04/23/2012 - 13:18 | 2367487 hedgeless_horseman

Looks like The Russian MICEX Exchange has been hacked by someone.

Mon, 04/23/2012 - 13:22 | 2367510 francis_sawyer

Let me put you thru to Peggy...

http://www.youtube.com/watch?v=yZXZAlfykpo

Mon, 04/23/2012 - 13:19 | 2367513 thebirdbath

What does this mean? Is this the result of a hack, technical issue or is their market really just having a bad day enough for them to close trading to prevent a collapse? Nothing in the MSM about any of this yet.

Mon, 04/23/2012 - 14:33 | 2367812 Legolas

MSM not talking about this? Should rule out the technical glitch. How can we rule out the possibility of this being a hack job ?

Mon, 04/23/2012 - 16:10 | 2368208 eatthebanksters

flexibility wil return after the elections...

Tue, 04/24/2012 - 01:25 | 2369123 i-dog

... or not. We are flexible about the return to flexibility....

Mon, 04/23/2012 - 16:58 | 2368399 Zero Govt

if the Exchange is running on Microshite servers you can't rule out a hack job as the software is insecure ...you can't rule out viruses, bugs and anything with this garbage monopoly software giant

Mon, 04/23/2012 - 18:15 | 2368573 YHC-FTSE

....Boris is downloading some free avg and spybot software on his 14.4 bps modem to clean the exchange servers.

Seriously, the guys at VTB expect more downtime because of integration problems - remember MICEX recently merged with Moscow rival RTS.

Mon, 04/23/2012 - 20:35 | 2368814 Buck Johnson

This isn't a hack job, and for the MSM (CNBC didn't make any comment about it) not to say anything about it tells me bundles. It says that things are starting to fall apart and it's not happening in a controlled fashion anymore.

Tue, 04/24/2012 - 01:34 | 2369125 i-dog

We can't speak badly of our Russian friends ... they are just having some "teething problems". It's only been 23 years since the [mock] fall of the Soviet Socialist Central Planning Union and a few "misfits" haven't got with the program yet. Putin will sort them out....

Tue, 04/24/2012 - 01:05 | 2369118 SomebodySpecial

It's been a cold winter. Now that things are warming up...they maybe just taking a Holliday!

Mon, 04/23/2012 - 13:18 | 2367504 MayIMommaDogFac...

MayIMommaDogFace2theBananaPatch's picture

Would you like to play a game? _

Mon, 04/23/2012 - 13:29 | 2367546 Manthong

I shall not.

I win.

Mon, 04/23/2012 - 13:45 | 2367609 mikla

wargames

Mon, 04/23/2012 - 14:07 | 2367677 Arvo Particleboard

This is opposed to a philosophical suspension (currently being experienced by the American retail customer).

Mon, 04/23/2012 - 13:01 | 2367409 palmereldritch

Llllet's get rrrrrrready tooo rrrrrrrroubllllllllllllle!

http://www.youtube.com/watch?v=WvufFwdqMzg

Mon, 04/23/2012 - 13:22 | 2367509 CrockettAlmanac.com

Emergency, everybody to get from street!

http://www.youtube.com/watch?v=2TszIJX-F4U

Mon, 04/23/2012 - 13:42 | 2367593 Revert_Back_to_...

Ah...now we know what the Apple ][ was for in this scene.

http://www.youtube.com/watch?v=DgsNjTyGsRk

CLOAD

>RUN

http://www.youtube.com/watch?v=6CCJFQ_bP0E

Mon, 04/23/2012 - 18:59 | 2368661 A Nanny Moose

http://www.youtube.com/watch?v=CEGSitBJ7Gw

Mon, 04/23/2012 - 13:13 | 2367476 Peter Pan

Do not panic. The Russians are just trialling low frequency trading.

Mon, 04/23/2012 - 14:42 | 2367846 defn8Dog

Good thing trading in RSX etf hasn't been interrupted. Business as usual.

Mon, 04/23/2012 - 12:51 | 2367355 Greater Fool

The Impaler is frantically trying to find a way to blame this on the Chechens.

Mon, 04/23/2012 - 12:54 | 2367370 SHEEPFUKKER

FUBAR

Mon, 04/23/2012 - 12:57 | 2367388 redpill

Heads will roll (very briefly, prior to being impaled on pikes)!

Mon, 04/23/2012 - 19:02 | 2368663 A Nanny Moose

Big Time.

Mon, 04/23/2012 - 13:09 | 2367456 Gully Foyle

Art Ridzik: Captain Danko, congratulations. You are now the proud owner of the most powerful handgun in the world.
Ivan Danko: Soviet Patparine, nine-point-two milimeter, is world's most powerful handgun.
Art Ridzik: Oh, come on, everybody knows the .44 Magnum is the big boy on the block. Why do you think Dirty Harry uses it?
Ivan Danko: Who is Dirty Harry?

Mon, 04/23/2012 - 14:27 | 2367788 Revert_Back_to_...

Gun show loophole?

http://www.vice.com/vice-news/sofex-the-business-of-war-full-length

Tue, 04/24/2012 - 02:36 | 2369163 Flagit

hell ya, props for the red heat reference....how often does that come up?

Mon, 04/23/2012 - 13:16 | 2367490 Defcon1 USA

No worries, missles are secure.

Putin was about to lose money on a trade and shut em down

Mon, 04/23/2012 - 21:22 | 2368878 TeMpTeK

US Beta testing...

Mon, 04/23/2012 - 21:49 | 2368916 918pigpen

Russia television is also off air

Mon, 04/23/2012 - 12:44 | 2367323 nwskii

Dont worry Obama is monitoring the situation

Mon, 04/23/2012 - 13:08 | 2367453 cossack55

All this and Wallski St. is still more transparent than Wall St.

Mon, 04/23/2012 - 13:32 | 2367561 Peter Pan

Is this because the matter is quite "syrias"?

Tue, 04/24/2012 - 02:37 | 2369165 Flagit

sooo stuxnet killed their stock market?...careful with that talk.

Mon, 04/23/2012 - 12:46 | 2367335 GeneMarchbanks

That's a shame.

Mon, 04/23/2012 - 12:48 | 2367339 LongSoupLine

Black Swanski

Mon, 04/23/2012 - 12:58 | 2367397 jus_lite_reading

Sum body ran outta vod-ka...

Mon, 04/23/2012 - 13:12 | 2367468 navy62802

Mon, 04/23/2012 - 12:48 | 2367341 Quinvarius

Keep a lid on that gold and pretend all is normal.

Mon, 04/23/2012 - 13:53 | 2367649 UP Forester

In Soviet Russia, stock market suspends you....

Mon, 04/23/2012 - 12:48 | 2367343 The Big Ching-aso

From Russia With Shove.

Mon, 04/23/2012 - 12:49 | 2367344 strongband

ran out of vodka?

Mon, 04/23/2012 - 12:51 | 2367358 BliptoP3

I think a country full of sober Russians would bear far more drastic action than a trading halt - The invasion of Ireland would have already begun.

Mon, 04/23/2012 - 12:49 | 2367345 Sandmann

Putin shorts.....

Mon, 04/23/2012 - 12:59 | 2367402 redpill

Have you seen the well-to-do, up and down Park Avenue

On that famous thoroughfare, with their noses in the air

High hats and Arrowed collars, white spats and lots of dollars

Spending every dime, for a wonderful time

If you're blue and you don't know where to go to

Why don't you go where fashion sits,

Putin on the ritz.

Mon, 04/23/2012 - 13:11 | 2367439 CrockettAlmanac.com

Astaire:

http://www.youtube.com/watch?v=IFabjc6mFk4

Taco:

http://www.youtube.com/watch?v=A_W5QnO5UGk

Frodrick Frankensteen (and friend):

http://www.youtube.com/watch?v=co6-tYS9k1U

Mon, 04/23/2012 - 13:20 | 2367519 NotApplicable

http://bitsandpieces.us/wp-content/uploads/2011/04/imagesputin-on-the-ri...

Mon, 04/23/2012 - 13:02 | 2367418 The Big Ching-aso

More like Putin sharts.

Mon, 04/23/2012 - 13:19 | 2367507 palmereldritch

Putin putz puts?

Mon, 04/23/2012 - 14:07 | 2367705 Firing Pin

...he scores! Goooooooaaaaaaaaalllllllllllllllllllllll!!!!!!!!!!!!!!!!!!!!!!!

Mon, 04/23/2012 - 12:49 | 2367348 Stoploss

I remember a few limit down mornings after shit like this.

Mon, 04/23/2012 - 12:50 | 2367349 williambanzai7

Rasprintem...

Mon, 04/23/2012 - 12:50 | 2367354 SDRII

Iran crude industry has been target of cyber attack, crippiling some computer systems at the oil ministry and several other state owned businesses per government officials - Bloom

Mon, 04/23/2012 - 13:33 | 2367566 SDRII

Russian opposition files for million man march on.....MAY 6 http://www.news.az/articles/russia/58759

French elections...May 6 http://www.seattlepi.com/news/article/Hollande-Sarkozy-heading-to-French...

Greek election...May 6 http://www.chicagotribune.com/news/sns-rt-us-greece-electionbre83m0y4-20...

Egypt finmin says will get IMF funds from May http://af.reuters.com/article/commoditiesNews/idAFL5E8FN12S20120423

Same IMF package that the Brotherhood opposes

Israeli gas contract break a distraction from the coopted elections...http://www.jpost.com/MiddleEast/Article.aspx?id=267210

Former Arab league head Moussa (west's choice?) securing his lead after bans

Note: Egypt will hold its presidential election May 23-24

Mon, 04/23/2012 - 13:39 | 2367583 Jake88

War in the cyber age.

Mon, 04/23/2012 - 13:47 | 2367617 A_MacLaren

Truly - Financial wars have are getting hot.

Mon, 04/23/2012 - 12:51 | 2367356 El Oregonian

It only gets BETTER from here.... sarc/off

Mon, 04/23/2012 - 12:51 | 2367357 max2205

What's the prob...link to news please

Mon, 04/23/2012 - 13:01 | 2367413 mirac

http://www.bloomberg.com/news/2012-04-23/iran-detects-computer-worm-targ...

Mon, 04/23/2012 - 12:52 | 2367360 Rubbish

Bank run soon.

Mon, 04/23/2012 - 13:07 | 2367446 cossack55

Anything like running with the bulls?

Mon, 04/23/2012 - 13:29 | 2367548 JPM Hater001

Your chances of being gored go up a little higher...

Mon, 04/23/2012 - 16:16 | 2368227 Ruffcut

Is that the 5k or 12 k run???

Mon, 04/23/2012 - 12:51 | 2367362 Seasmoke

I hope Lauren Lyster will be ok

Mon, 04/23/2012 - 12:56 | 2367382 theMAXILOPEZpsycho

Don't worry I think her shows come out of washington DC...

Tho I do worry about her there sometimes too...get her to south america, a friendly safe remote place, a jacazzi, and me...

Mon, 04/23/2012 - 13:02 | 2367417 ArrestBobRubin

GREAT point!

Mon, 04/23/2012 - 13:11 | 2367469 midgetrannyporn

Ivanna Humpalot

Mon, 04/23/2012 - 12:52 | 2367365 GOSPLAN HERO

In Soviet Russia the stock market buys and sells you.

Mon, 04/23/2012 - 12:54 | 2367369 debtor of last ...

Wonder when goldbugs are being sent to the Russian front.

Tue, 04/24/2012 - 02:44 | 2369170 Flagit

hogans heroes!

....wait, that was germany.

Mon, 04/23/2012 - 12:55 | 2367371 TideFighter

Waddellski and Reedovich?

Mon, 04/23/2012 - 12:56 | 2367386 blu

Winner.

The rest of you jokers can stop now.

Mon, 04/23/2012 - 12:58 | 2367393 Canaduh

*slow motion golf clap*

Mon, 04/23/2012 - 12:56 | 2367379 metaforge

Na Zdorovie!

Mon, 04/23/2012 - 12:57 | 2367390 SLOMO66

The suspension will not be televised...

Mon, 04/23/2012 - 13:15 | 2367488 Firing Pin

...and Putin's on the moon

Mon, 04/23/2012 - 12:58 | 2367392 The Big Ching-aso

"Hey, Vladimir! Vodka phuck are we gonna do now?"

Mon, 04/23/2012 - 12:58 | 2367394 Encroaching Darkness

WTF? That online "hacker-kit" with "pre-selected virus code" and "novel new Trojan programs" was supposed to be a JOKE! It wasn't supposed to WORK!

I wondered why it kept dialing up a server in Rumania - I guess sometimes you actually get more than your money's worth.

What does "Engage automatic controls" mean? Automatic controls of what?

Oops.

Mon, 04/23/2012 - 13:00 | 2367407 rosiescenario

Wadell & Reed probably to blame for this.....

Mon, 04/23/2012 - 13:17 | 2367496 Jena

Moose and squirrel.

Mon, 04/23/2012 - 13:27 | 2367541 MayIMommaDogFac...

+1959

ha!

Mon, 04/23/2012 - 13:01 | 2367411 buzzsaw99

the bernank can fix this with more muppet money.

Mon, 04/23/2012 - 13:02 | 2367421 YesWeKahn

Emergency: Large sell order can't get filled

Economy boom time: large buy order can't get filled.

This is why the stock market is a one way market. I wish the casinos are like that too.

Mon, 04/23/2012 - 13:02 | 2367422 mirac

Bernanke's openning up swap lines to Russia as we type...lol

Mon, 04/23/2012 - 13:03 | 2367425 Likstane

Rooski bahts become self-aware, refuse to work w/o borsch.

Mon, 04/23/2012 - 14:03 | 2367687 Uncle Remus

And the Thai bahts?

Mon, 04/23/2012 - 13:04 | 2367429 stant

chart looks like bayonet from mosin nagant stuck in snow

Mon, 04/23/2012 - 13:05 | 2367432 ArrestBobRubin

I hear there's a new release of Stuxnet, in Cyrillic.

Mr. Putin is not gonna be happy. It better be worth it, payback will be swift and most unpleasant

Mon, 04/23/2012 - 13:05 | 2367433 mayhem_korner

Andrei, you've lost another submarine?

(The Hunt for Red October)

Mon, 04/23/2012 - 13:06 | 2367438 Diet Coke and F...

Roh roh!

Mon, 04/23/2012 - 13:07 | 2367443 Fix It Again Timmy

Hello, this is Peggy........

Mon, 04/23/2012 - 13:59 | 2367637 Revert_Back_to_...

Cameron Paul + 1980's + Technics 1200 + 12" Vinyl =

http://www.youtube.com/watch?v=A5QeSl0czW0

w/ vocals - Hello Gorby...

http://www.youtube.com/watch?v=OykVR5LsZMU

Mon, 04/23/2012 - 13:10 | 2367462 Misean

They're readying the concrete trucks as we speak...

Mon, 04/23/2012 - 13:11 | 2367465 The worst trader

Europe next then the US?

Mon, 04/23/2012 - 13:11 | 2367467 earnulf

When the Shit-sky hits the Fans-sky! It's all the Chechen's fault-sky!

Mon, 04/23/2012 - 13:12 | 2367471 Firing Pin

quick...give me 4 "C" batteries comrade. Let's get this market open again!

Mon, 04/23/2012 - 13:15 | 2367484 vote_libertaria...

Maybe a large bank thought it had a couple billion in US Treasuries and it turned out to be what was seized at the Italian border.

oooop-ski

Mon, 04/23/2012 - 13:17 | 2367501 Missiondweller

I don't understand. What's going on?

Mon, 04/23/2012 - 13:30 | 2367550 Hansel

I don't either. Is this all because the market went down?

Mon, 04/23/2012 - 13:18 | 2367502 toady

Time to run for the hills?

Mon, 04/23/2012 - 13:21 | 2367520 PhD

Obviously the Russian servers became overwhelmed by the bullish sentiment that followed the massive BTFD opportunity given by the obvious global FAT FINGER event.

If you want in on the rise you better put those buy orders before the open in the morning.

Regards

Liesman

Mon, 04/23/2012 - 13:21 | 2367521 arnaud263

the russian stock exchange didn't seem to stop though

http://www.rts.ru/en/index/rtsi/

Mon, 04/23/2012 - 13:21 | 2367522 rockraider3

Bullish, comrades.

Mon, 04/23/2012 - 17:04 | 2368420 krispkritter

Ivan the Terri-Bullish Comrades!

Mon, 04/23/2012 - 13:22 | 2367527 Firing Pin

In Mother Russia market crashes you!

Mon, 04/23/2012 - 13:27 | 2367542 mt paul

mayday

is for muppets

Mon, 04/23/2012 - 13:28 | 2367543 bugs_

we want to be paid before we are killed

Mon, 04/23/2012 - 13:30 | 2367551 SheepDog-One

Hello, dis Peggy...

Mon, 04/23/2012 - 15:38 | 2368027 azzhatter

peggy- how you score from the left side mr. putin?

putin- I fucking own both sides and the chump in the middle

Mon, 04/23/2012 - 13:55 | 2367660 Bam_Man

All your market are belong to us.

Mon, 04/23/2012 - 13:58 | 2367669 AnarchyInc

It's openning up again.

Mon, 04/23/2012 - 13:58 | 2367670 AnarchyInc

On the resumption of trading

WARNING! Trading in the market sector primary market will be resumed at 21:50.

The system of bidding will be available from 21:30 to remove the application. The system of trading will be reinstated as of 17:41:21 for all applications and transactions that are registered at this time. Please check your application before bidding!

In order to form a representative closing price, as well as investor protection is established the following schedule of bidding:

21:50-22:10 Trade between the main trading mode main trading session

21:50-22:20 Conclusion and repurchase transactions RPS

22: 2 0 End main trading session

Mon, 04/23/2012 - 14:14 | 2367738 CoolBeans

"Hallow, dis is Peggy. I can't tek yur call right now...."

Mon, 04/23/2012 - 14:16 | 2367751 palmereldritch

Recent MICEX news:

Russia exchange wants foreign companies to issue a debt in rubles

April 19, 2012

http://rbth.ru/articles/2012/04/19/russia_exchange_wants_foreign_compani...

Micex's Russian NSD takes up SWIFT share offer

Posted 23 April 2012 - 12:09pm by Fundamentals magazine

http://fundamentalsmagazine.com/news/5927/micexs-russian-nsd-takes-swift...

Russia OFZ Euroclear Timing Being Discussed, Aganbegyan Says

By Jason Webb and Jack Jordan - Apr 23, 2012 12:41 PM ET

http://www.bloomberg.com/news/2012-04-23/russia-ofz-euroclear-timing-bei...

Russia’s financial regulator is considering doubts raised by market participants over the timing and conditions of a plan to allow foreign investors to settle ruble bond trades via Euroclear Bank SA, according to Micex-RTS President Ruben Aganbegyan.

Mon, 04/23/2012 - 14:24 | 2367778 Raymond Reason

Retaliation for opposing Iranian sanctions, no doubt.

Mon, 04/23/2012 - 15:11 | 2367942 dizzyfingers

May 1 was one date predicted in a recent email to be the day TSHTF.

http://www.globalresearch.ca/index.php?context=va&aid=13808

Mon, 04/23/2012 - 15:16 | 2367959 SILVERGEDDON

Russian truckers in the USA stopped sending money home - no way to cover the shorts, market blew up. End of story.

Mon, 04/23/2012 - 15:50 | 2368115 walküre

Russian truckers in America? You'd find more American truckers in Russia than the other way round.

Try Russian mobsters in America. Up and down the coast on both sides of the country. Drugs, whores and weapons.

Ever wonder how the Russkis could buy up Florida, Beverly Hills and Monaco in just 10 years time? Yuck.

Mon, 04/23/2012 - 15:46 | 2368076 Skip 2 My Lou

Here we go agaaain. To the game that never ends...

Mon, 04/23/2012 - 15:46 | 2368077 Skip 2 My Lou

Here we go agaaain. To the game that never ends...

Mon, 04/23/2012 - 15:48 | 2368091 walküre

Hope this means Russian sluts and their pimps will stop buying up Florida beach front condos.

Mon, 04/23/2012 - 20:36 | 2368819 Firing Pin

Do you know one thing about Russian women? They're crazy. True story.

Mon, 04/23/2012 - 18:44 | 2368619 Lumberjack

http://www.timesofisrael.com/israel-farmers-suspend-carrots-over-russian...

Let's see here, who was the first country to recognize the new Sudan (look what is happening there) and get new agricultural and various other deals, then move along to the Balkans, Georgia and a few other places...

Mon, 04/23/2012 - 23:24 | 2369035 kedi

Maybe if you have something planned and are wondering what would happen if the market collapses as a result, if when you do it, you might want to see what happens if the market is gone for a while. Is something more interesting going to happen in Russia? No market for a time being a test run?

Mon, 04/23/2012 - 23:29 | 2369042 kedi

Maybe Putin is doing something about what I suspect is going on.

http://blogs.alternet.org/kedikat/2012/04/13/setting-up-for-default/

Russia Will Not Reopen: "The Situation Has Been Recognized As An Emergency"

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