TALLINN STOCK EXCHANGE

ANNOUNCEMENT

 

METHODOLOGY FOR CALCULATION OF TALLINN STOCK EXCHANGE MEMBER FIRMS 

TRADING STATISTICS

 

The Tallinn Stock Exchange (TSE) will change the methodology for 

calculation of member firms’ trading statistics as of 01.02.2000. 

The purpose of the amendments is to provide a better overview of 

the member firms trading activity on the TSE.

 

The main amendments were made in the principles of calculation of 

transactions turnovers; principles of calculation of the number of 

transactions effected by a stock exchange member firm will remain 

unchanged.

 

According to the new methodology, the TSE member firms’ 

inhouse-transactions are differentiated by transaction parties. The 

transactions conducted between a member firm and its clients are 

weighted on a different scale than transactions conducted between 

the clients of a TSE member firm. According to the previously used 

methodology, all inhouse-transactions effected by the TSE member 

firms were of equal weight.

 

The methodology for calculation of member firms’ trading statistics 

is available at the TSE Internet homepage at 

<a href='http://www.tse.ee/rules/eng/doc/Tradstat.pdf' target='_blank'>http://www.tse.ee/rules/eng/doc/Tradstat.pdf</a>

 

 

TSE