Schedule for Property Rights Market for the 26.05.2011
|
Time |
Quotation phase |
|
9:30 a.m. on the Trading Day |
Introducing of current collaterals and current number of the Property Rights |
| From 11:35 a.m. on the Trading Day till 12:00 a.m. on the Trading Day |
II phase: before the fixed auction price system quotations of the Property Rights on the PRM Acceptance of orders; orders may be cancelled and modified; the orders are validated as regards the collateral status as well as holding of the Property Rights being in possession. Purchase orders exceeding the collateral amount are cancelled. Sale orders exceeding number of the Property Rights being in possession are cancelled. |
| 12:00 a.m. on the Trading Day |
II phase: the fixed auction price system quotations of the Property Rights on the PRM; fixing of the fixed auction price on the PRM Fixing of prices on the Property Rights on the PRM and publishing of the quotations results on the private web site. |
| From 12:01 a.m. on the Trading Day to 1:30 p.m. on the Trading Day |
III phase: the continuous trading system quotations of the Property Rights on the PRM Acceptance of orders; orders may be cancelled and modified (the orders from I phase also); the orders are validated as regards the collateral status as well as holding of the Property Rights being in possession in the Register. |
| Till 2:30 p.m. on the Trading Day |
Publication of quotation results on the Public Web Site |
