Business news from Ukraine

Business news from Ukraine

“Ukrainian Exchange” resumes trading

25 September , 2024  

“The Ukrainian Exchange (UX, Kyiv), which suspended trading on July 8 after the National Securities and Stock Market Commission’s (NSSMC) resolution to revoke its license came into force, announced that it will resume trading in the near future thanks to an appellate court decision to suspend the NSSMC’s resolution as an interim measure.
“This decision (of the Court of Appeal) allows the exchange to resume its operations for the period of the court proceedings. We have already started the process of launching trading, and in the near future, after completing all the necessary organizational measures, the exchange will resume its normal operations,” the UX said in a statement on its website on Wednesday.
The exchange added that it continues to challenge the NSSMC’s resolution in court to resolve the dispute on the merits.
The UX clarified that the ruling of the Court of Appeal came into force on September 24.
“The exact date of the resumption of trading will be announced additionally on our website,” the exchange said.

Source: https://interfax.com.ua/