Stock Markets Steering Committee of Hellenic Exchanges - Athens Stock Exchange
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| September 26th, 2023 | |||
| Stock Markets Steering Committee of Hellenic Exchanges - Athens Stock Exchange | |||
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The Athens Stock Exchange, following its Stock Markets Steering Committee session of 26/9/2023, approved the amendments of the ATHEX Resolution 17 & 22, according to the following:
- The provisions of the ATHEX Resolution 17 are updated with regard to the minimum and the maximum lending rate, defined as one half and equal to the contractual interest rate respectively, while the central interest rate will be the average of the minimum and maximum rate. Furthermore, the Starting Price is set at 0.01% for each trading day.
- The provisions of the ATHEX Resolution 22 which are related to the daily start of the trading period for pre-agreed trades (block) in Alternative market are updated for any block type to the start time of 10:30 am, except for the «Method 6-2» Spot 2 Settlement Block Trade type which remain the same.
The above changes will be effective from the trading of 2nd of October 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.