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ise [2017/03/23 13:20] – [Basic Market Rules] mayaise [2020/01/06 12:59] (current) – [Irish Stock Exchange (ISE)] maya
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 Currency: Euro (EUR) Currency: Euro (EUR)
  
-[[http://www.ise.ie/Media/News-and-Events/2016/Irish-Stock-Exchange-Trading-Calendar-for-2017.html|Trading Calendar]]+[[https://www.euronext.com/en/trade/trading-hours-holidays|Trading Calendar]]
  
-====Trading Hours==== 
- 
-^Session^GMT (Local Time)^EST^ 
-| Pre-Trading | 07:30 - 08:50 | 03:30 - 04:50 | 
-| Opening Auction | 08:50 - 09:00 | 04:50 - 05:00 | 
-| Continuous Trading | 09:00 - 17:28 | 05:00 - 13:28 | 
-| Closing Auction | 17:28 - 17:30 | 13:28 - 13:30 | 
-| Post-Trading | 17:30 - 18:15 | 13:30 - 14:15 | 
  
 ====Order Types==== ====Order Types====
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   * Lot Size: 100.   * Lot Size: 100.
-  * Tick Size: varies by price, as follows:+  * Tick Size: for symbols in the ISEQ 20, varies by price, as follows:
  
 ^Price Range (Euro)^Tick Size (Euro)^ ^Price Range (Euro)^Tick Size (Euro)^
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 | >100 | 0.05 | | >100 | 0.05 |
  
-  * Short Sale Rules: naked short selling is prohibited; locate required.+For all symbols not in the ISEQ 20, tick size is 0.001. 
 + 
 +  * Short Sale Rules: naked short selling is prohibited; locate is required.
   * Circuit Breakers: volatility auction when a static/dynamic limit is broken. Dynamic uses last TOS price. Static uses the opening price for the day, or, if that is not available, the closing price from the previous day.   * Circuit Breakers: volatility auction when a static/dynamic limit is broken. Dynamic uses last TOS price. Static uses the opening price for the day, or, if that is not available, the closing price from the previous day.
 +  * **Note:** as part of pre-trade transparency requirements under the new MiFID II rule, Europe hidden or hidden portion of iceberg (e.g., CHIX-X Bats and Turquoise reserve/dark orders) order must be sent above the Large In Scale (LIS) thresholds as defined by the European Securities and Markets Authority (ESMA). For more information about the MiFID II rules, visit the ESMA official website at https://www.esma.europa.eu/.
  
 ====Auction Periods==== ====Auction Periods====
  
-1. **Opening Auction** (08:50 - 09:00)+1. **Opening Auction** (07:50 - 08:00)
  
   * Limit and Market orders may be entered, amended, and cancelled   * Limit and Market orders may be entered, amended, and cancelled
  
-2. **&Closing Auction** (17:28 - 17:30)+2. **Closing Auction** (16:28 - 16:29:45)
  
   * Market and Market-on-Close orders may be entered, amended, and cancelled   * Market and Market-on-Close orders may be entered, amended, and cancelled
  
 ====See Also==== ====See Also====
- 
   * [[market_guides|Market Guides]]   * [[market_guides|Market Guides]]
ise.1490289628.txt.gz · Last modified: 2017/03/23 13:20 by maya