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Price Monitoring Extension

Price Monitoring Extension.

articleGlobaldata PlcJune 23, 20103/company/globaldata-plc/news/price-monitoring-extension-820
Price Monitoring Extension

About this update from Globaldata Plc

[{"type":"text","content":"\n RNS Number : 1443O Datacash Group PLC 23 June 2010  Today's closing auction call period has been extended in this security by 5 minutes.Auction call extensions give London Stock Exchange electronic order book users a further opportunity to review the prices and sizes of orders entered in an individual security during the initial auction call before the execution occurs. A price monitoring extension is activated when the matching process would have otherwise resulted in an execution price that is a pre-determined percentage above or below the price of the last automated execution today.The applicable percentage is set by reference to a security's TradElect sector. This is set out in the Sector Breakdown tab of the TradElect Parameters document at www.londonstockexchange.com/en-gb/products/membershiptrading/tradingservicesThis information is provided by RNSThe company news service from the London Stock Exchange  END  PMELLFVEREIVFII\n ","length":1286,"tagName":"div"}]

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