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

Tyler Durden's picture

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

Yes, this is the Russian stock market.

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Thomas Jefferson's picture

Defcon 1?  Are the missles airborne?

slaughterer's picture

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

redpill's picture

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

TruthInSunshine's picture

It's only a technical suspension.

thebirdbath's picture

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.

Legolas's picture

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

eatthebanksters's picture

flexibility wil return after the elections...

i-dog's picture

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

Zero Govt's picture

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

YHC-FTSE's picture

....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.

Buck Johnson's picture

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.

i-dog's picture

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....

SomebodySpecial's picture

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

Arvo Particleboard's picture

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

palmereldritch's picture

  Llllet's get rrrrrrready tooo  rrrrrrrroubllllllllllllle!

Peter Pan's picture

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

defn8Dog's picture

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

Greater Fool's picture

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

Gully Foyle's picture

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?

Defcon1 USA's picture

No worries, missles are secure.

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

918pigpen's picture

Russia television is also off air


nwskii's picture

Dont worry Obama is monitoring the situation

cossack55's picture

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

Peter Pan's picture

Is this because the matter is quite "syrias"?

Flagit's picture

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

Quinvarius's picture

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

UP Forester's picture

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

The Big Ching-aso's picture



From Russia With Shove.

strongband's picture

ran out of vodka?

BliptoP3's picture

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.

Sandmann's picture

Putin shorts.....

redpill's picture

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.