Benzinga · Aug 23, 2022
Buying Russian Stocks In The U.S. Is Still Impossible — Here's Why
The Russian economy has been hit hard by global sanctions after the country’s hostile actions began in Ukraine. Among the many casualties of these sanctions is the Moscow Stock Exchange, which suffered a drop of almost 40% since the invasion. For U.S. investors, Russian stocks are now out of reach. Several bans are in place which forbid Americans from trading Russian securities. Other measures have locked up the few Russian companies listed in U.S. exchanges. Here’s everything to know about trading Russian stocks in the U.S. Trading Russian Companies Listed In The U.S. On Feb. 28, four days after Russian forces invaded Ukraine, both the Nasdaq and NYSE announced a temporary halt on trading stocks of Russian companies citing “regulatory concerns” and serving as a de facto sanction on the Russian economy. The Nasdaq stopped the buy and sale of the following companies listed in its exchange: Crypto videogame company Nexters Inc (NASDAQ: GDEV), a unicorn from Russia behind the games Throne Rush and Hero Wars. Russian online recruitment platform HeadHunter Group PLC (NASDAQ: HHR). E-commerce platform Ozon Holdings ...
