REMINDER: As of June 4th, 2012 Baltic exchanges change tick size table in equity markets


NASDAQ OMX Tallinn, Riga and Vilnius exchanges together with market participants decided to change current 0.001 tick size.

New tick size table will be implemented as of June 4th, 2012 and it will be as follows:

Price* Tick size
Below 1 0,001
From 1 to 10 0,01
Above 10 0,1

* - The official trading, clearing and settlement currency of NASDAQ OMX Tallinn, NASDAQ OMX Vilnius is the Euro (EUR) and respectively currency of NASDAQ OMX Riga is the Lat (LVL).

The change of tick size table is a natural development of the market microstructure which will lead to more efficient price formation process and will strengthen order depth in Baltic equity markets.


More detailed information can be found here:
http://www.nasdaqomxbaltic.com/en/exchange-information/trading/trading-3/tick-size-and-trading-lots-2/

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