MCSI (NY), FTSE (London), now S&P (NY) are removing all Russian securities from their indices. S&P is also downgrading Russia from an emerging market to a “standalone” economy. The New York Stock Exchange halted trading for several ETFs tracking the Russian market citing regulatory concerns.
The Moscow Stock Exchange remains closed, and Russian brokers are barred from clearing transactions for foreigners.
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MCSI (NY), FTSE (London), now S&P (NY) are removing all Russian securities from their indices. S&P is also downgrading Russia from an emerging market to a “standalone” economy. The New York Stock Exchange halted trading for several ETFs tracking the Russian market citing regulatory concerns.
The Moscow Stock Exchange remains closed, and Russian brokers are barred from clearing transactions for foreigners.