Business
Price Monitoring Extension
Price Monitoring Extension.
About this update from Telecom Plus Plc
[{"type":"text","content":"\n RNS Number : 2504E Telecom Plus PLC 16 December 2009 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 PMECKAKNABDDPBD \n ","length":1292,"tagName":"div"}]