Tinkoff Investments has resumed trading in certain foreign securities. So far only in test mode

The Tinkoff Investments service has resumed trading in foreign securities in test mode, according to the broker’s telegram channel.

Papers from “friendly jurisdictions” traded on the Hong Kong Stock Exchange, as well as a limited number of US papers, have become available to users, the press release said.

“Transactions are executed via an independent infrastructure. Please note that during infrastructure health tests, there may be minor delays in displaying information after transactions are completed,” the telegram channel writes.

In February 2023, Tinkoff Bank and a number of other Russian banks to hit under EU sanctions. The restrictions included freezing the assets of credit institutions in the EU, prohibiting transactions with these banks, as well as disconnecting them from SWIFT.

Shortly after the imposition of the sanctions, the service Tinkoff Investments suspended trading in foreign securities. The news service later said the decision was made in order to protect clients’ assets from potential risks.

The United States expected the sanctions to be a shock to Russia, comparable to a nuclear strike. The plan didn’t work – but Washington still believes in the benefits of restrictions Bloomberg Survey Highlights

The United States expected the sanctions to be a shock to Russia, comparable to a nuclear strike. The plan didn’t work – but Washington still believes in the benefits of restrictions Bloomberg Survey Highlights

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