ZSE announced trading hours for the first day of trading on the XETRA® trading platform

Croatia
Zagrebacka Banka d.d.
Summary: 
Zagreb Stock Exchange Inc. announced the trading schedule for the first trading day on the XETRA® trading platform.
Tue, 20/06/2017

As previously confirmed by the Zagreb Stock Exchange (ZSE), the first trading day on the XETRA® trading platform will be Friday, 7 July 2017. The first day of trading will start with the extended opening auction in order to ensure sufficient time for entering the orders in the trading system for ZSE members. Moreover, on Monday, 10 July 2017 a shortened duration of the continuous trading will be enabled in order to support the subsequent verification of support systems on the ZSE members' side and to facilitate the preparation for the second trading day on the XETRA® trading platform. Trading hours for Friday, 7 July 2017 will be as follows:

Duration of trading sessions in the trading procedure “Continuous Trading”

Duration of trading sessions in auction trading

1 earliest end (the opening auction and closing auction end with variable end which may take 15 seconds at most. Variable end is determined randomly for each instrument).
2 earliest start

OTC trade reporting will be enabled from 8:30 to 14:00.

After the end of the trading for the trading day, on Thursday, 6 July 2017, between 16:30 and 16:45, ZSE is going to withdraw all open orders from the X-Stream trading system. Withdrawal of the open orders will be made through the trading system and will thus provide all trading systems on the members' side with the updated information about the withdrawal.

Trading hours for Monday, 10 July 2017 and further will be as follows:

Duration of trading sessions in the trading procedure “Continuous Trading”

Duration of trading sessions in auction trading

1 earliest end (the opening auction and closing auction end with variable end which may take 15 seconds at most. Variable end is determined randomly for each instrument).
2 earliest start

OTC trade reporting will be enabled from 8:30 to 16:00.

Impact on investors: As officially confirmed by the ZSE, the trading hours on the XETRA® trading platform from Friday, 7 July 2017 onwards will be as announced.


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