MICEX Stops Calculation of “Market Price (1)” Indicator
OREANDA-NEWS. July 5, 2011. On August 1, 2011 the MICEX Stock Exchange stops the calculation and publication of the “Market Price (1)” indicator.
Changes in procedure for calculating market prices will be made in accordance with the Order of the RF Federal Financial Markets Service of 02.12.2010 N10–74/pz-n revoking the Decree of the FFMS “On the approval of the procedure for calculating the price of emission securities and shares of investment funds admitted to trading through the organizers of trading and the establishment of the boundaries of fluctuations of the market price” of 24.12.2003 N03–52/ps, as well as the Procedure for determining market prices of securities, settlement prices of securities and the boundaries of fluctuations of the market price of securities (approved by the Order of the Federal Financial Markets Service of 09.11.2010 N10–65/pz-n), in force from 01.01.2011.
In this regard, beginning from August 1, 2011, market prices of securities will be disclosed in the following order:
In fields “Market Price” and “Previous Day’s Market Price” of the MICEX Trading System’s terminal “Market Price (3)” will be indicated instead of “Market Price (1)”. The field names remain unchanged.
Field “Market Price (1)” will no longer be indicated in the bulletins in PDF format. Fields “Market Price (2)” and “Market Price (3)” will be published in the same order.
The existing composition of fields remains in the files containing the results of trading in formats DBF and XML, but data will no longer be published in field “MARKETPRICE”. Fields “MARKETPRICE2” and “MARKETPRICE3” will be published in the same order.
Data will no longer be published in fields “Market Price (1), rubles” and “Trading volume of trades for the calculation of the market price (1), rubles” of the official website of the MICEX in HTML format in the full version of the results of trading. The other fields remain unchanged.
For questions about the new procedure for calculating and publishing market prices of securities, please contact the Office for Sales and Business Development of the
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