Facts of market manipulation in organised trading in construction materials established
The Bank of Russia has established facts of market manipulation by participants in trading organised by JSC EXCHANGE CTS (hereinafter, the exchange) in the course of construction material auctions.
In May 2025, the exchange organised two reverse auctions of reinforcing bars, following which LLC ICC Stroyingineering (TIN 1658153135) and LLC RSK (TIN 1619006610) conducted transactions to buy and sell construction materials worth over ₽1.6 million.
In the course of trading, the legal entities acted in a concerted manner, causing a significant deviation in the amount of trading in construction materials from the level that would have been achieved without such transactions.
These transactions are qualified as market manipulation pursuant to Clause 2 of Part 1 of Article 5 of Federal Law No.
The legal entities have been held administratively liable for market manipulation and received binding orders to cease and desist from similar violations in the future.
The Bank of Russia emphasises that trading participants may not conduct transactions in collusion in the commodity market with anonymous order matching and will be held liable for misconduct in organised trading.
The reference to the Press Service is mandatory if you intend to use this material.
16.07.2026 15.00.00