lse
Differences
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| Both sides previous revisionPrevious revisionNext revision | Previous revision | ||
| lse [2019/08/07 17:00] – maya | lse [2023/02/27 11:58] (current) – [Basic Market Rules] hammed | ||
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| [[http:// | [[http:// | ||
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| - | Currency: British Pence (GBx) | + | Currency: British Pence (GBX) |
| * [[http:// | * [[http:// | ||
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| * Tick Size: for more information, | * Tick Size: for more information, | ||
| * Short Sale Rules: naked short selling is prohibited. For more information, | * Short Sale Rules: naked short selling is prohibited. For more information, | ||
| - | * Circuit Breakers: an auction will be triggered when the price of a potential execution is more than a defined percentage above or below the applicable reference price(s). For more information, | + | * Circuit Breakers: an auction will be triggered when the price of a potential execution is more than a defined percentage above or below the applicable reference price(s). For more information, |
| * Minimum Order Size for ASM6 Sector Symbols: symbols in the ASM6 sector of LSE have a minimum order size equal to 40% of Nominal Market Size (i.e., the size that is quoted by the market maker). | * Minimum Order Size for ASM6 Sector Symbols: symbols in the ASM6 sector of LSE have a minimum order size equal to 40% of Nominal Market Size (i.e., the size that is quoted by the market maker). | ||
| * Market Maker System on Some Equity Segments: the following market segments involve a market maker (not fully electronic). Orders submitted for symbols trading on these segments may behave differently and may cause delays in order acknowledgement and execution compared to fully electronic segments: | * Market Maker System on Some Equity Segments: the following market segments involve a market maker (not fully electronic). Orders submitted for symbols trading on these segments may behave differently and may cause delays in order acknowledgement and execution compared to fully electronic segments: | ||
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| **Auction Periods** | **Auction Periods** | ||
| - | 1. **Continuous Trading** (08:00 - 12:00) | + | 1. **Continuous Trading** (08:00 - 16:30) |
| * Closing orders may be entered with ATC or GTA validity tags, which will remain dormant until the closing auction call | * Closing orders may be entered with ATC or GTA validity tags, which will remain dormant until the closing auction call | ||
| * No closing orders will be matched | * No closing orders will be matched | ||
| * Orders may be entered, amended, and cancelled | * Orders may be entered, amended, and cancelled | ||
| - | 2. **Intraday Auction** (12:00:01 - 12:05) | ||
| - | * Orders may be entered, amended, and cancelled | ||
| - | * Orders will not be matched | ||
| - | |||
| - | 3. **Continuous Trading** (12:05:01 - 16:30) | ||
| - | * Closing orders may be entered with ATC or GTA validity tags, which will remain dormant until the closing auction call | ||
| - | * No closing orders will be matched | ||
| - | * Orders may be entered, amended, and cancelled | ||
| - | 4.** Closing Auction Call** (16:30:01 - 16:34:30) | + | 2.** Closing Auction Call** (16:30:01 - 16:34:30) |
| * Orders may be entered, amended, and cancelled | * Orders may be entered, amended, and cancelled | ||
| * Orders will not be matched | * Orders will not be matched | ||
| - | 5. **Closing Price Crossing Session** (16:34:31 - 16:40:00) | + | 3. **Closing Price Crossing Session** (16:34:31 - 16:40:00) |
| * Orders will be matched | * Orders will be matched | ||
lse.1565211620.txt.gz · Last modified: 2019/08/07 17:00 by maya