GREY:ROAOF - Post by User
Post by
Bigpaulbunyonon Jan 08, 2009 6:42am
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Post# 15690466
From oilexco London
From oilexco London
RNS Number : 2890L
Oilexco Incorporated
07 January 2009
A Price Monitoring Extension has been activated in this security.
A Price Monitoring Extension is activated when the auction matching process would result in an auction price that is a pre-determined percentage above or below the base price.
The auction call period is extended for 5 minutes.For details of how base prices are set for each market, please refer to the Guide to Trading Service at www.londonstockexchange.com
Price monitoring
Automatic price monitoring capability that is used to limit extreme price deviations.
Price monitoring extension
A time extension to the auction call period. It occurs if the auction match price breaches price tolerance limits. The extension allows further entry and deletion of orders.