Arab Today, arab today sberbank threatens action over micex glitch losses
Last Updated : GMT 12:50:22
Arab Today, arab today
Arab Today, arab today

Sberbank threatens action over MICEX glitch losses

Arab Today, arab today

Arab Today, arab today Sberbank threatens action over MICEX glitch losses

Moscow - Ria Novosti

Sberbank may claim compensation from the MICEX stock exchange for losses sustained by its clients from a technical failure during the first day of operations as a combined trading floor with RTS, Sberbank Deputy CEO Bella Zlatkis said on Wednesday. \"We now have two cases that we currently can\'t sort out but I am 100 percent sure that if there are grounds, the MICEX will have to compensate for damage,\" said Zlatkis, who is also chairwoman of the board of directors of the MICEX stock exchange. \"Everything must be done in a civilized manner. If we can\'t return everything to the initial position, we\'ll demand compensation from the exchange,\" she said. The technical failure at the newly merged MICEX-RTS occurred at 7:09 p.m. on Monday when the internet trading system QUIK produced a message on technical problems in the RTS and possibly an incorrect recording of orders. As a result, the system started to register unauthorized transactions, with most of the losses sustained by thousands of private investors. The MICEX-RTS exchange publicly apologized on Tuesday for the technical failure but said it did not force private investors to close their positions after trading resumed on Monday night. The volume of trade during an evening session on the FORTS derivates market normally amounts to 20 billion rubles ($625 million). Zlatkis said Sberbank, which is Russia\'s largest bank, would primarily repay damage to its customers and would then sort things out with the exchange. \"A client must get compensation quickly and without pain,\" Zlatkis said.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today sberbank threatens action over micex glitch losses Arab Today, arab today sberbank threatens action over micex glitch losses

 



Arab Today, arab today
Arab Today, arab today Nohan Seyam designs beautiful accessories

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today Top Yemen commander killed

GMT 09:55 2017 Wednesday ,22 February

Top Yemen commander killed
Arab Today, arab today To probe sexual harassment claims

GMT 10:08 2017 Tuesday ,21 February

To probe sexual harassment claims
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today To hold social dialogue over secondary school

GMT 07:43 2017 Wednesday ,22 February

To hold social dialogue over secondary school
Arab Today, arab today 63-Year-Old Woman Delivers Baby

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby
Arab Today, arab today Milan laughs while Rome cries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Janat pleased for issuing 'Good Morning'

GMT 06:41 2017 Monday ,20 February

Janat pleased for issuing 'Good Morning'
Arab Today, arab today Small ponds have outsized impact

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact

GMT 06:34 2017 Sunday ,19 February

Ahmed Fahmy stresses he did not ignore singing

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed

GMT 12:22 2017 Monday ,20 February

Kanye West puts hijab-wearing model

GMT 14:06 2017 Friday ,17 February

London to tax old cars

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 05:15 2017 Tuesday ,21 February

Omega 3 can reduce asthma cases

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:39 2017 Monday ,20 February

newest smartphone another winner for Huawei

GMT 16:08 2017 Wednesday ,15 February

Shawsh reveals her collection "Jewelry of dreams"
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday