Influence of COVID-19 Pandemic on Financial Market Operation in Russian Federation

The novel Coronavirus disease (COVID-19) pandemic has led to extremely negative and volatile aggregate financial market reactions. Due to effects of the pandemic, economic activity around the world has been catastrophically reduced. The health crisis has escalated into the economic crisis, intensifying through financial channels. Despite the fact that quarantine was not introduced in Russia, the country is facing the same global financial problems as the whole world. This is due to equal effect of the pandemic on economies of different countries: a sharp drop in household incomes, the loss of solvent demand and the SME crisis. Using the monitoring of the effectiveness of specialized programs conducted by competent government agencies, as well as analytics from individual participants in financial markets, a general analysis of the impact of the pandemic on the subject of research will be carried out.