Change to the thresholds of Circuit Breakers for penny shares

June 2, 2008 OMX Nordic Exchange implemented circuit breakers (volatility interrupters) to reduce uncertainty during volatile periods. 

Since the launch, OMX Nordic Exchange has actively followed the result of the implemented functionality. 

OMX Nordic Exchange has now decided to widen the dynamic and static circuit breakers' threshold for penny shares traded at a very low price (at or below 0.50 DKK/SEK/ISK or 0.05 EUR). The change originates from the observation that the current threshold for penny shares has resulted in a few unnecessary triggered circuit breakers, which was not the intention. With the change OMX Nordic Exchange foresees smooth trading also for the penny shares traded at very low prices. 

The implementation of the new thresholds is planned to take effect early July, 2008 in conjunction with the normal monthly maintenance of the group of penny shares.