How would a SWIFT ban impact owning Russian stocks?

There are a number of traders on this site that made a killing snatching up Russian markets on the big dip before trading was halted.

It may be a hell of a good move but again... there are risks. No such thing as a free-lunch.
 
kmgilroy89 said:
Can you no longer trade on the Moscow Exchange? Will it effect collecting dividends? Can I get paid dividends by purchasing through a 3rd country like Switzerland?
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SWIFT is the interbank fund transfer system, has nothing to do with stocks or stock trading. They use totally different systems for stock trading and dividend-paying, as far as I know.
 
Can Russians still buy BTC with fiat currencies now that SWIFT is blocked?
If they are in Russia, they have rouble or any other currency in a Russian bank account. But these accounts are blocked from SWIFT and cannot make any international payment.
 
If ONLY RazzelKhan and her boyfriend waited a little bit longer, they could have cut Russia in on her 4 billion dollar BTC laundering operation.
 
virtusa said:
And tomorrow Putin can say that foreigners cannot hold stocks and will lose their money. In Russia there are no laws, only Putin's instructions.

If you buy Russian stocks it will be with high probablity your blood in the streets.
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he can also pull out of Ukraine and cut a deal and the entire stock market will be up 50percent. Which is more likely in the next 1 month?
 
kmgilroy89 said:
Hmm...I wonder if there's a Swiss account I could open to trade them and still collect the dividends.
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as a US citizen I don’t think you can open a Swiss account. If you are still trading prop, can you access an equity financing desk to provide you a CFD or a total return swap? You have currency risk, but that’s unavoidable as you will be consuming dollars.
 
virtusa said:
Can Russians still buy BTC with fiat currencies now that SWIFT is blocked?
If they are in Russia, they have rouble or any other currency in a Russian bank account. But these accounts are blocked from SWIFT and cannot make any international payment.
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BTC trades in RUB as well apparently, and has followed the depreciation of RUB (main chart is BTCRUB/BTCUSD and orange line is USDRUB)

upload_2022-2-27_12-40-42.png
 
nooby_mcnoob said:
BTC trades in RUB as well apparently, and has followed the depreciation of RUB (main chart is BTCRUB/BTCUSD and orange line is USDRUB)

View attachment 279180
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That is not the question.
Suppose I am Russian (which I am not) and I want to buy BTC. I open an account at Binance and need to send roubles from my bankaccount in Moscow to let say Binance. Can I transfer roubles now (when banned from SWIFT) to pay for the BTC that I buy?
In other words are transactions between Russian banks and Binance still possible?
 
virtusa said:
That is not the question.
Suppose I am Russian (which I am not) and I want to buy BTC. I open an account at Binance and need to send roubles from my bankaccount in Moscow to let say Binance. Can I transfer roubles now (when banned from SWIFT) to pay for the BTC that I buy?
In other words are transactions between Russian banks and Binance still possible?
More...

SWIFT is just one of many ways to transfer money.

In the old days... https://www.wallstreetmojo.com/hawala/
 
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