NEVERMIND -all good here. at least, for now.

DriftingByTheStorm

This is SUPER bizzare ...
hardly a WORD in the free world news about this.

Straight from the actualy Russian MICEX index site:
The technical suspension of trading to be extended

"The situation has been recognized as an emergency. Further actions will be announced shortly."

Prior announcement:
"Suspension of trading on the Securities Market
Trading in the Main Market sector of the Securities Market has been suspended until 6.56 pm Moscow time. Please accept our apologies for any inconvenience caused."

Lol.

Please accept their apologies.

The ONLY two english news sources i could find ... LITERAL "blurbs":

http://uk.reuters.com/article/2012/04/2 ... DK20120423

http://www.bloomberg.com/news/2012-04-2 ... lt-1-.html

"a problem displaying orders" doesn't seem to equate with the actual EXCHANGE's announcement of "recognized as an emergency"

I don't like to make mountains out of mole hills ... but this is super bizzare.

:? :? :?

DriftingByTheStorm

So, Russia, are you OPEN or CLOSED ???

http://rts.micex.ru/n614/?nt=200
24.04.2012 12:27
Measures taken by MICEX-RTS concerning the outage on the Exchange"s Main Market on April 23, 2012
On April 23, 2012 the Main market sector of the MICEX-RTS Group's Securities market suffered technical problems, i.e. at 5.45pm MSK market data in the order book of market participants ceased to be updated.

At 5.56pm MSK the MICEX Stock Exchange General Director announced that trading was to be suspended until 6.56pm MSK in order to contain the situation.

At 6.45pm MSK the suspension was extended until 7.35pm MSK and then until 7.55pm MSK.

Effects of the 120-minute outage were not eliminated and at 8.10pm MSK the General Director announced the emergency situation in the Main Market sector based on clause 1.13.9 of the Trading rules of CJSC MICEX Stock Exchange.

Range of organizational and technical measures was taken to recover from the emergency situation and by 9.30pm MSK the operability of the trading system were restored.

To generate the representative closing price and protect investors' rights the following schedule of trading was established:

9.50pm - 10.10pm – trading period in the Main trading mode of the Main trading session;
9.50pm - 10.10pm – execution of trades in the Negotiated trades mode and repo trades.
10.20pm – close of the main trading session.
The Exchange applied to the Bank of Russia for extension of operating time of the multivoyage payment processing system in order to minimize implications of the emergency situation.

Decisions taken by the Directorate of the Exchange and competent actions of Exchange's specialists allowed trading members to close their operations including cancel orders, perform clearing and fulfill obligations under executed trades even under the outage circumstances.

MICEX-RTS realizes the consequences that the outage could bring to the market and apologizes to trading members. The Exchange firmly intends to detect and examine causes of the disruption.

For further information, please contact the Public Relations Department at (495) 363-3232.

DriftingByTheStorm

HEY. i guess it's OPEN!
http://www.micex.com/marketdata/quotes

sheesh.
cross that off my list of Epic-Impending-Armageddon concerns.
;D