The First Ukrainian Trading System (PFTS) – Ukraine’s largest trading floor – has found it difficult to stay open during the current political turmoil.
The trading session on 22 November had to be closed at 3:00 p.m., that on 23 November at 12 p.m., and that on 24 November at 12:15 p.m.. Yesterday it shut again at midday.
“The reasons for these early closures can be attributed to price instability and deterioration of market liquidity,” explains a spokesman for Bank Austria Creditanstalt AG (BA-CA) in Kiev.
Today, PFTS aims to start its trading session at 11:00 a.m., its regular opening time.
“PFTS informed us that they currently are not in a position to tell whether or not today’s trading session will last in accordance with their regular working hours or will be terminated early,” ads the BA-CA spokesman.