The Moscow Exchange has identified additional measures to counteract the destabilization of prices on the stock market

165
1
AK&M 24 January 2025 16:29

The Moscow Stock Exchange and the Bank of Russia have developed a list of additional measures to counteract destabilizations and high price volatility in the stock market, including during additional trading sessions. This is stated in the message of the exchange.

Starting from January 27, 2025, the maximum deviation in the prices of bids submitted by market participants in the T+ main trading mode is set: during the morning trading session, 10% of the closing price of the previous trading day for transactions in stocks, depositary receipts and mutual funds, and 5% for bonds.

Starting from the same date, the maximum deviation of the prices of orders submitted by market participants in the main trading mode T+ during the evening trading session is set at 10% of the closing price of the current trading day for transactions with all stock market instruments.

For shares and depositary receipts included in the third level of the listing, during the main trading session, the maximum deviation of the prices of applications submitted by market participants will be maintained at a level not higher than 22% of the closing price of the previous trading day.

Starting from January 27, 2025, the Moscow Exchange will analyze intraday changes in stock prices and depository receipts included in the third level of listing.

If price destabilizations are detected, the exchange will establish asymmetric boundaries of the price corridor.