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I have shorted OZON and YNDX last year in FEB before suspending trading and after suspending was not able to close these positions. As Companies now are in delisted mode, Broker is not giving chance to close positions and giving bunch of reasons as they are suspended because of war and etc. I`m still paying each month fee for all these margin.

IBKR's answer is following:

Please note that delisting of ADRs does not mean that they cease to exist. The sponsor bank will deliver the Russian securities represented by the receipt or liquidate the stocks and allocate the proceeds to clients once it is possible and at own discretion of the sponsor bank. IBKR cannot affect this process.

Could u suggest ways to solve the problem, close positions somehow or get rid of it? or suggest someone who can help with that

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  • If these are on margin, you likely need to add cash to your account first. That will close the margin position. As for removing a defunct security from your portfolio, well, I still have two of my early days trades from 15 years ago sitting in my account. I called once to get them removed, since they are literally nothing now, but they're still there. I kind of like them as a reminder. A token that I'm only human.
    – user26460
    Commented May 18, 2023 at 21:35

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