Pēd. atjaunots: 22.07.2024 07:16 (GMT+3)
Amendments passed on the Riga Stock Exchange Supervisory Board Meeting
on October 16, 2003
Amendments approved by Financial and Capital Market Commission on
November 14, 2003 by Resolution No. 257
Amendments to the Enforcement Note on Trading and Quotation
1. To have the following wording for Item 24:
24. Admissible price spread shall be 15 % from the average weighted
price of a security at the previous
trading session. For Free list companies the spread limit shall be
lift from January 1 till March 31, 2004. The
RSE Management Board may prolong this term, or revert to the
original rule.
2. To have the following wording for Item 32:
32. Only orders at a specified price may be submitted for continuous
trading, taking into account the price
spread limit, which is set at 15% of the average weighted price of
a security during the previous trading
session. On specific occasions, in order to protect the interests
of market participants, the RSE Management
Board may specify another price spread limit for one trading
session, or altogether remove it. For Free list
companies the spread limit shall be lift from January 1 till March
31, 2004. The RSE Management Board may
prolong this term, or revert to the original rule.