SPB Exchange (, formerly JSC "Saint-Petersburg Exchange") is a stock exchange located in Saint Petersburg, Russia. It is the only other stock exchange in Russia after Moscow Exchange.
During the Russian Empire era, there was already an homonymous stock exchange (located in a specific building), but was later shut down in 1917.
In 1997, Non-Profit Partnership âÂÂSaint Petersburg Stock Exchangeâ was created and became the first licensed stock exchange in Russia, with NP RTS as one of its partners. In the same year, Non-Profit Partnership âÂÂSaint Petersburg Stock Exchangeâ launched an electronic derivative trading platform and, by 2000, it became the leading derivatives exchange in Russia. In 2014, foreign equity securities trading started on SPB Exchange platform. By the end of 2017, all the equity securities in the S&P 500 Index became available for trading on SPB platform and a T+2 settlement cycle to match the cycle of U.S. exchanges was also introduced the same year. In July 2021 the exchange changed its name to Public Joint-Stock Company "SPB Exchange". SPB Exchange is the legal successor of the Stock exchange âÂÂSaint-PetersburgâÂÂ.
In November 2023, the US Treasury added SPB Exchange to the sanctions list, after which it suspended trading in American securities. Two weeks later, a bankruptcy filing for SPBSE appeared in the files of the Moscow Arbitration Court. After that, its shares fell by 34%. The exchange responded with a denial; the source of the statement is unknown. The arbitration court did not accept the claim, and the Central Bank began an investigation.
The Stock exchange âÂÂSaint-Petersburgâ was founded in accordance with requirements of the Federal Law âÂÂOn Securities Marketâ on the basis of stock exchange department of CJSC âÂÂExchange âÂÂSaint-Petersburgâ in April 1997, having received Stock Exchange License No.1 in Russia from Financial Markets Federal Agency. In accordance with Russian Federation Government order No.654 the Stock exchange âÂÂSaint-Petersburgâ became one of the four stock exchanges, authorized to organize trades of JSC "Gazprom" shares.
Open Joint-Stock Company âÂÂSaint-Petersburg Exchangeâ became the legal successor of Stock exchange âÂÂSaint-Petersburgâ and continued to trade JSC âÂÂGazpromâ shares for all its participants. Today, JSC âÂÂSaint-Petersburgâ is the only exchange which has JSC âÂÂGazpromâ shares in its listing.
In February 2011, JSC âÂÂSaint-Petersburg exchangeâ and JSC âÂÂRTS Stock Exchangeâ carried out a joint project on organization of trading of commodities futures.