Important Update Regarding Trading Russian Securities:
Due to liquidity issues stemming from restrictions placed on all Russian securities (and not just those impacted by recent sanctions) by Schwab’s clearing agents, buy orders on Russian securities will not be accepted and sell orders will be attempted on a best efforts basis only. This is a rapidly evolving situation and we will continue to provide updates…. Charles Schwab
Auf wiedersehen, Dilbar!
The Germans seized the super luxury yacht of sanctioned Russian billionaire Alisher Usmanov. At 512 feet in length, the Dilbar is one of the world’s largest yachts, complete with a swimming pool, a 30,000kw diesel-electric power plant, two helicopter pads, a sauna, a beauty salon, and a gym.