St. Petersburg Exchange (SPBEX)

The St. Petersburg Exchange (SPBEX) was first established in the early nineteenth century, with the old stock exchange building (now part of the Hermitage museum) being completed in 1810. The exchange in its current form began operation in 1997. Until 2013, it was the only Russian stock exchange on which energy giant Gazprom was listed.

The exchange trades equities in leading Russian companies on a T+2 settlement cycle, and is also a hub of trade in non-Russian securities, with securities from more than 500 non-Russian issuers listed (a T+3 cycle applies to non-Russian equities). It is also one of Russia’s leading derivative exchanges, including futures and options.

More than 100 financial services providers, including divisions of UBS and Credit Suisse, participate in the exchange as members.

Trading hours: Monday through Friday 10:00 a.m. to 6:40 p.m. MSK (UTC+3)
Settlement cycle: T+2 (T+3 for non-Russian stocks)

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