VTB Bank zeroed its stake in the St. Petersburg Stock Exchange from 9.24938%. The change occurred on May 20. This is stated in the bank's message.
PJSC "SPB Exchange" (TIN 7801268965) is a leading organizer of trading securities of international companies in the Russian financial market. The St. Petersburg Exchange operates on a B2B2C model, simultaneously focused on retail investors and financial intermediaries as direct clients. Providing investment opportunities for Russian and international investors is based on a wide range of investment products, the principle of best execution and smart order routing technology. The proprietary technology platform of the St. Petersburg Stock Exchange provides 19-hour access to a wide range of investment products of the international financial market, narrow spreads and unique liquidity from 7 a.m. Moscow time.
The trading time of the St. Petersburg Stock Exchange covers trading sessions on international exchanges, including American and European platforms, including premarkets and a significant part of the postmarkets of these markets.
By the end of 2021, the value volume of transactions in the Main trading Mode for the group of instruments "foreign securities" amounted to $393.43 billion, exceeding the 2020 figure by 135.29%.
The St. Petersburg Exchange Group includes subsidiaries operating companies: NC-CC "Clearing Center MFB" (St. Petersburg Clearing), which provides clearing services and PJSC "Best Effects Bank" (St. Petersburg Bank), which performs the functions of a settlement depository.
VTB Group is a Russian financial group comprising more than 20 credit and financial companies operating in all major segments of the financial market. In the CIS countries, the group is represented in Armenia, Ukraine, Belarus, Kazakhstan, and Azerbaijan. VTB banks in Austria, Germany and France operate under a European sub-holding headed by VTB Bank (Austria). In addition, the group has subsidiaries and associated banks in the UK, Cyprus, Serbia, Georgia and Angola, as well as one branch of VTB Bank in China and India, two branches of VTB Capital Plc in Singapore and Dubai.
