Stock Markets Steering Committee of Hellenic Exchanges - Athens Stock Exchange


 

31st May 2023

 

Stock Markets Steering Committee of Hellenic Exchanges - Athens Stock Exchange

 

The Stock Markets Steering Committee of Athens Exchange, during today's session, approved the modification of Resolution 22, regarding the determination of the closing price of securities where transaction value control is required, the trading limits and the number of auctions in securities of the "Surveillance" Category as follows:
 
  • the price fluctuation limits of the securities of the "Surveillance" Category are set at ±10% of the starting price of the share (from ±20% which is valid today)
  • the number of "Surveillance" Category auctions is set to two (from 4 which is valid today) and the first will take place between 11:58 and 12:00 and the second between 17:08 and 17:10
  • the determination of the closing price for securities traded in the Low Trading Activity Category of the Main Market, as well as of the "Surveillance" Category and shares regardless of classification showing a free float of less than ten percent (10%) of their total common shares, will take into account, as the minimum value transactions, the amount of 500 euros (from 100 euros which is valid today) and the amount of 750 euros as the minimum trading session value (from 200 euros which is valid today).
Tuesday 06 June 2023 is set as the date of application of the above changes.
 
In addition, the modification of the transactions fees of the Market Makers in the "Futures on the MSCI Greece Rebased Index" is approved, which will cover the 1st quarter of trading of the product, i.e. with application from 1/6/2023 to 15/9/2023.
 

 

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About Athens Exchange Group

The Athens Stock Exchange since its establishment in 1876, consistently participate in the financial and business developments in the country.

Athens Exchange Group (ATHEX Group), provides support to the Greek Capital Market. ATHEX Group operates the organized Equities and Derivatves markets, the alternative market and performs clearing and settlement of trades.

The Athens Stock Exchange, through its markets, offers solutions and financing tools to businesses, expands investor choice by providing a safe, stable and easy environment in full alignment with international practices and the European regulatory framework. It has held the ISO 22301:2012 international standard for Business Continuity, for all its companies, including all its operations as well as the products & services it provides.

In a period that the role of stock markets in exploring alternative ways of financing business, at a European level, is significantly enhanced, the Athens Exchange Group has taken a series of initiatives to highlight the attractiveness of the Greek Capital Market and the Greek companies to the international investment community and expand the variety of investment opportunities.

Its shares are traded on the Main Market of the Athens Stock Exchange (Symbol: EXAE).

The profiles of the ATHEX Group and its markets can be downloaded from the link. More information can be found in the website www.athexgroup.gr.