a. Price Limits
Some of the exchanges on which the products we offer are traded, have price limits. Trading will temporarily cease due to an imbalance between the number of buyers and sellers in the exchange, basically avoiding a crash or extreme rally in the markets.
The exchange will halt trading until the imbalance evens out, usually for only a few minutes and then will resume with the new price limits in place. Henyep Investment will stop offering prices during the halts and will resume when the exchange recommences trading.
Price limits on the NDI, SPI and DJI
For the NDI and SPI, the trading halts when the market drops 5%,10%, 15%, and last of all 20%.
With the DJI the limits are at falls of 10%, 20% and then 30%.
There is also a limit up of 5% on the NDI and SPI but only when the exchange is closed and traded via GLOBEX.
The limits on the Indices always vary as they are set quarterly by the exchange.
Price Limits on Nikkei
Daily price limits are set at approximately 5% increase or decrease from the previous days settlement.
Price Limits on Stocks
Trading stocks is halted whenever the DJI trading is halted.
A stock may be suspended or trading halted for other reasons that are independent to that company. |
