Price Monitoring Extension (3727Z)
January 12 2011 - 11:35AM
UK Regulatory
TIDMICGC
RNS Number : 3727Z
Irish Continental Group PLC
12 January 2011
Today's closing auction call period has been extended in this
security by 5 minutes.
Auction call extensions give London Stock Exchange electronic
order book users a further opportunity to review the prices and
sizes of orders entered in an individual security during the
initial auction call before the execution occurs. A price
monitoring extension is activated when the matching process would
have otherwise resulted in an execution price that is a
pre-determined percentage above or below the price of the last
automated execution today.
The applicable percentage is set by reference to a security's
TradElect sector. This is set out in the Sector Breakdown tab of
the TradElect Parameters document at
londonstockexchange.com/en-gb/products/membershiptrading/tradingservices
This information is provided by RNS
The company news service from the London Stock Exchange
END
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