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The Ukrainian stock market for the first time stopped work

Украинский фондовый рынок впервые приостановил работуUkraine’s stock market is idle due to cyber attacks.

The Ukrainian stock market has suspended work pending the restoration of the basic institutes of Depositary and clearing system of the National Depository of Ukraine (NDU) and clearing center for servicing agreements on financial markets (RTS, both – Kiev), which on 27 June were the victim of a massive viral cyber attack.

“The beginning of trading on the PFTS Stock exchange is postponed until the resumption of clearing and settlement infrastructure of the securities market of Ukraine”, – quotes Interfax-Ukraine message exchange PFTS.

“Start trading on the stock market of the Ukrainian exchange (UX) has been postponed until recovery settlement infrastructure of the securities market”, – said the Ukrainian exchange, which, like the PFTS, has not suffered from a cyber attack, but can not draw held on 27 transaction due to a failure in the work of the NDU and RTS.

At the same time, trading on the derivatives market of UB are carried out in standard mode, except futures and options contracts on the index of Ukrainian shares, the auction which will start simultaneously with the restoration of trading in the stock market.

The largest momentum exchange Term, also suffered from the virus, as of noon on Thursday, have not yet resumed work.

According to the Agency, the stock market, due to the cyber-attack caused outage, the NDU and the RTS is idle and the OTC market.

The natsdepozitariya on its website said that “about the time of the opening of the transaction day will be announced later, the service account for sending statements will begin its work in the second half of the day.”

An informed source told Interfax-Ukraine that a resumption of work around 16:00 on Thursday as of noon looks optimistic scenario.

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