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Implementation of multi-decimal trading from January 2008

Espaço dedicado a todo o tipo de troca de impressões sobre os mercados financeiros e ao que possa condicionar o desempenho dos mesmos.

por Ulisses Pereira » 8/1/2008 19:20

Como já temos no fórum esta notícia e em português, tranco este tópico ;)

Um abraço,
Ulisses
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Ulisses Pereira

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por karlitos » 8/1/2008 19:06

pelo que percebi vamos poder negociar por exemplo a REN a 3,415 certo?
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Implementation of multi-decimal trading from January 2008

por karlitos » 8/1/2008 19:05


A partir de 28 Jan.: EDP, BCP, ALTRI, PT, REN, CIMPOR, BPI, JMT, SON e BES passarão a ser cotados com 3 casas decimais.
As ordens poderão ser dadas em incrementos de 0.005 EUR.


Further to the info-flash regarding multi-decimal trading sent on 14 September 2007, Euronext informs clients that the implementation of multi-decimal trading will begin with the application of a fixed tick size of €0.005, following a market-by-market approach, for a limited number of stocks on each market. The tick size table communicated on 14 September 2007 will therefore not be implemented for the time being.
Implementation dates:
• Implementation of the fixed tick size of €0.005 on the Belgian and Portuguese marketplaces will take place on 28 January 2008
• Implementation of the fixed tick size of €0.005 on the French marketplace will follow on 7 April 2008
• Implementation of the fixed tick size of €0.005 on the Dutch marketplace will also take place on 7 April 2008, instead of 28 January 2008 as originally planned.
The list of stocks to which the fixed tick size of €0.005 will be applied is included in the Annex to this info-flash.
Clients are reminded that all members should be technically ready to trade with up to four decimals from the implementation dates mentioned above, although for the time being we will begin with the implementation of a fixed tick size of three decimals on NSC. Since 22 October 2007, Euronext NSC and TCS trading systems have been multi-decimal compliant with the technical implementation of our MiFID releases. Multi-decimal trading features will be activated from the relevant implementation date for each marketplace.
The new fixed tick size of three decimals will be available for testing on Euronext’s External User Acceptance (EUA) platform from Friday 28 December 2007 (see Annex 2 for a list of stocks available for testing).
As detailed in the official letter sent by NYSE Euronext to Authorised Representatives on 21 December 2007 regarding this project, throughout the first half of 2008 NYSE Euronext will carry out a full analysis of the impact of the implementation of the multi-decimal trading principle on market conditions, liquidity and clients’ trading costs. Based on the outcome of this, NYSE Euronext may then take the decision to extend multi-decimal trading to a wider range of stocks.

New tick size for TCS
A new fixed tick size of €0.0001 will be applied on TCS for all traded securities, except for funds eligible for the Euronext Fund Service where the tick size will be fixed at €0.001.

Código: Selecionar todos

Implementation date with tick size of €0.005 - 28 January 2008

Lisbon


EDP

BCP

ALTRI SGPS

PORTUGAL TELE.NOM.

REN

CIMPOR CIMENTOS

BANCO BPI

JERON.MARTINS ESC.

SONAE.COM

BCO ESPIRITO SANTO
Editado pela última vez por karlitos em 8/1/2008 19:14, num total de 1 vez.
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