Differences

This shows you the differences between two versions of the page.

--- lse_iob [2019/12/04 11:50] – [Auction Mechanisms] maya
+++ lse_iob [2023/02/27 11:57] (current) – [Basic Market Rules] hammed
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 ======LSE International Order Book (IOB)======
-The International Order Book of the London Stock Exchange allows investors to unlock the potential of some of the world’s fastest-growing markets through a single central electronic order book. It offers easy, cost-efficient, and direct access to securities via global depositary receipts (GDRs) from over 30+ countries, including those in Central and Eastern Europe, Asia, and the Middle East. The market has grown rapidly since its inception in 2001, with Gazprom, Sberbank, and Lukoil being amongst the most heavily traded securities on the London Stock Exchange.
+The International Order Book of the London Stock Exchange allows investors to unlock the potential of some of the world’s fastest-growing markets through a single central electronic order book. It offers easy, cost-efficient, and direct access to securities via global depositary receipts (GDRs) from over 30 countries, including those in Central and Eastern Europe, Asia, and the Middle East. The market has grown rapidly since its inception in 2001, with Gazprom, Sberbank, and Lukoil being amongst the most heavily traded securities on the London Stock Exchange.
 **Note:** Shanghai-London Stock Connect GDRs are traded on the IOB Shanghai Segment.
-[[https://www.lseg.com/iob|Homepage]]
+[[https://www.londonstockexchange.com/securities-trading/equity-trading/international-order-book|Homepage]]
 Currency: USD
+  * [[http://www.lseg.com/areas-expertise/our-markets/london-stock-exchange/equities-markets/trading-services/business-days | Business Days]]
+  * [[http://www.londonstockexchange.com/products-and-services/technical-library/millennium-exchange-technical-specifications/millennium-exchange-technical-specifications.htm | Millennium Exchange Business Parameters]]
 ====Order Types====
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   * Tick Size: for more information, see the Price Format Schedules of the Millennium Exchange Business Parameters document on the [[http://www.londonstockexchange.com/products-and-services/technical-library/millennium-exchange-technical-specifications/millennium-exchange-technical-specifications.htm|Technical Specifications]] page.
   * Short Sale Rules: naked short selling is prohibited. For more information, see the [[https://www.fca.org.uk/markets/short-selling|Short Selling]] page.
-  * 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, see the [[http://www.lseg.com/guide-to-trading-system|Guide to Trading System]] page.
+  * 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, see the [[https://docs.londonstockexchange.com/sites/default/files/documents/maintaining-orderly-markets.pdf|Guide to Trading System]] page.
   * Minimum Order Size for ASM6 Sector Symbols: symbols in the ASM6 sector of the 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: