Tinkoff Investments introduces weekend trading

Moscow, Russia, December 22, 2021.
Tinkoff Investments has become the first broker in Russia to offer securities trading on weekends.

Weekend trading will be available to customers of any Tinkoff Investments plan between the hours of 10:00 a.m. and 7:00 p.m. Moscow time. The Terms of Service applicable to each plan will remain the same for weekend operations. Customers can access weekend trading via their brokerage accounts in the Tinkoff Investments mobile app and on the Investments section of the Tinkoff website.

All customer orders received by the broker during the weekend will be processed directly between the seller and the buyer. Tinkoff Investments will act as a market maker, i.e. an intermediary that warrants the order execution. To manage liquidity and price formation, Tinkoff Investments uses its proprietary Quantitative Marketmaking Engine (QMM). This tool analyzes news, stock dynamics, and hundreds of other financial indicators in real time.

Initially, weekend trading will be limited to the most liquid securities traded on the St. Petersburg Stock Exchange, with the number of securities available for trading set to increase as trade volumes on the service grow.

Dmitry Panchenko, Director of Tinkoff Investments, commented:

«Borders and time constraints are becoming a thing of the past. For example, cryptocurrencies and many other financial instruments have been traded 24/7 since their inception, which is convenient and in demand by today’s investors. Global events happen outside of regular trading hours as well. It is important for investors to be able to trade at any time that is convenient for them. Thus, we are continuing Tinkoff’s legacy of taking the first step in breaking the established rules and offering a new level of service.

We are the first in Russia and among a growing number of brokers in the world to offer weekend trading for retail investors. We are confident that weekend access to the stock market will become a major draw for investors who lack the time to follow market dynamics on weekdays, and who will now be able to promptly respond to weekend events.»

Tinkoff ecosystem
Tinkoff is an online financial ecosystem centred around the needs of its customers.
Show more

Related News