User Tools

Site Tools


oslo

Differences

This shows you the differences between two versions of the page.

Link to this comparison view

Both sides previous revisionPrevious revision
Next revision
Previous revision
oslo [2017/09/21 12:20] – [Auction Mechanisms] mayaoslo [2020/12/23 14:57] (current) – [Oslo Börs] maya
Line 6: Line 6:
 Currency: Norwegian Krone (NOK) Currency: Norwegian Krone (NOK)
  
-[[http://www.oslobors.no/ob_eng/Oslo-Boers/About-us/Opening-hours Opening hours]]+[[https://www.euronext.com/en/trade/trading-hours-holidays Trading Hours & Holidays]]
  
 ==== Order Types ==== ==== Order Types ====
Line 14: Line 14:
  
 ==== Basic Market Rules ==== ==== Basic Market Rules ====
 +
   * Lot Size: 1 share.   * Lot Size: 1 share.
   * Tick Size: varies by symbol and price, as defined in Oslo Bors Business Parameters on the [[http://www.oslobors.no/ob_eng/Oslo-Boers/Trading/Trading-systems/Millennium-Exchange/Market-model | Market model]] page.   * Tick Size: varies by symbol and price, as defined in Oslo Bors Business Parameters on the [[http://www.oslobors.no/ob_eng/Oslo-Boers/Trading/Trading-systems/Millennium-Exchange/Market-model | Market model]] page.
   * Short Sale Rules: naked short sales are prohibited.   * Short Sale Rules: naked short sales are prohibited.
-  * Circuit Breakers: circuit breakers can be triggered based on both Dynamic and Static reference prices. The move required to trigger a trading pause is defined in Oslo Bors Business Parameters on the [[http://www.oslobors.no/ob_eng/Oslo-Boers/Trading/Trading-systems/Millennium-Exchange/Market-model | Market model]] page.+  * Circuit Breakers: circuit breakers can be triggered based on both Dynamic and Static reference prices. The percent move required to trigger a trading pause is defined in Oslo Bors Business Parameters on the [[http://www.oslobors.no/ob_eng/Oslo-Boers/Trading/Trading-systems/Millennium-Exchange/Market-model | Market model]] page. 
 +  * **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 Mechanisms ==== ==== Auction Mechanisms ====
 +
 Oslo Bors has both opening and closing auction calls. For more information, see the [[http://www.oslobors.no/ob_eng/Oslo-Boers/Trading/Trading-systems/Millennium-Exchange/Market-model | Market model]] page. Oslo Bors has both opening and closing auction calls. For more information, see the [[http://www.oslobors.no/ob_eng/Oslo-Boers/Trading/Trading-systems/Millennium-Exchange/Market-model | Market model]] page.
  
 === Open === === Open ===
 +
 The opening auction starts with a call period at 08:15:00 - 09:00:00 during which time traders can enter and cancel orders, but orders will not be matched. Matching occurs at 09:00:00 and is followed by the commencement of the regular trading session. The opening auction starts with a call period at 08:15:00 - 09:00:00 during which time traders can enter and cancel orders, but orders will not be matched. Matching occurs at 09:00:00 and is followed by the commencement of the regular trading session.
 +
 === Close === === Close ===
  
Line 60: Line 66:
  
 **Order Types:** Limit, Market, and Market-on-Close orders may be entered during the closing call to participate in the uncross. **Order Types:** Limit, Market, and Market-on-Close orders may be entered during the closing call to participate in the uncross.
 +
 ===== See Also ===== ===== See Also =====
-  * [[market_guides|Market Guides]] 
  
 +  * [[market_guides|Market Guides]]
oslo.1506010859.txt.gz · Last modified: 2017/09/21 12:20 by maya