Nasdaq Stockholm has decided to adjust the Dynamic Volatility Guards for all shares admitted for trading on the main market and First North Sweden allowing increased volatility due to extraordinary market conditions following the UK referendum on 23 June, 2016.
Thresholds for Dynamic Volatility Guards will be doubled. See the appendix for liquidity bands for each instrument.
Accordingly the thresholds for cancellation of trades will be based on the Dynamic Volatility Guard active for the relevant instruments.
Nasdaq will review the market situation and may decide to revert to normal market conditions during continues trading on Monday 27. In such a situation the Exchange will publish a notice to the market. If not stated otherwise the market conditions will be reverted to normal as of Tuesday 28.
Contact:
Trading Surveillance
Phone: +46 8 405 62 90
Email: tss@nasdaq.com
