BELEX Trading Resumes

UniCredit Bank Serbia JSC
Summary: 
Belgrade Stock Exchange resumed trading in all securities on all market segments
Mon, 02/11/2015

After Belgrade Stock Exchange (BELEX) temporarily suspended all trading on 30 October 2015 due to disruptions in the functioning of the BelexFIX trading system, trading in all types of securities on all market segments of has resumed earlier today.

In order to handle the consequences resulting from the trading suspension, BELEX took a decision on shortening the duration of the individual trading phases and the handling of the trading orders placed into BelexFIX on 30 October 2015.

For Regulated Market trades, continuous trading was suspended at 11:45:01 local time on 30 October 2015. The closing price for each security traded via the continuous trading method was determined as an average weighted price of all securities traded during the entire duration of the continuous trading, and that price also served as reference price with respect to the trading for the session on 2 November 2015.

For MTP BELEX trades, trading orders placed into BelexFIX during the trading session on 30 October 2015 for securities traded via the Single Price Auction method on were cancelled.  The reference price for the trading session on 2 November 2015 was defined as the single price determined during the trading session preceding the day of the temporary suspension. For securities traded via the continuous trading method on MTP BELEX (i.e. bonds), the same rule as for the Regulated Market was applied.

 

Impact on investors:  As of today, 2 November 2015, investors may again place orders to trade on the Regulated Market and the MTP segments of Belgrade Stock Exchange.

 

Related Newsflash: Belgrade Stock Exchange Temporary Trading Suspension in All Securities on All Markets