British company Percival Software Limited has signed a contract

British company Percival Software Limited has signed a contract with Ukraine’s National Depository to create a new software for the stock market depository system. Separately, the Moscow Exchange has been placed on Ukraine’s sanctions list. The sanctions regime blocks assets, restricts trade operations, bans transfer of technology and intellectual property rights, and bans Ukrainian companies from using the Exchange’s electronic trading systems. In 2015, the sold its investments two Ukrainian stock exchanges – PFTS and Ukrainian Exchange, but its software remained as the basis for the Ukrainian exchanges. The Ukraine Exchange has appealed to President Poroshenko for a one year transition period.