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© Reuters. FILE PHOTO: The letters MOEX are pictured on the Moscow Exchange, with the Kremlin and the Four Seasons Hotel seen within the background, in Moscow, Russia, May 26, 2017. Picture taken 26, 2017. REUTERS/Segrei Karpukhin/File Photo
MOSCOW (Reuters) -Moscow Exchange, Russia’s largest bourse, suspended buying and selling on the inventory marketplace for virtually two hours on Tuesday, resulting from what it described as a {hardware} error on its major server.
Trading was halted at 1:58 p.m. Moscow time (1058 GMT) and was set to renew at 1245 GMT, the trade stated.
“According to the exchange’s procedures, in case of such an error occurring, a switch to the backup server is carried out, which takes a little over an hour,” the trade stated in a press release, apologising for any inconvenience triggered.
Trading on Moscow Exchange’s forex, derivatives and treasured metals markets was unaffected, it stated.