28-03-2022 12:13
Equiduct has now received and processed all the relevant transparency calculation information from the individual Home Markets. All instruments that have been affected by the changes in tick size bands will have the orders purged from the book following market close on 31 March 2022.
Instruments that are affected by the order book purge can be found here. Where orders have been expired clients can expect to see the message ‘Expired due to price changing corporate action’ at system start up on 01 April 2022.
The new tick size bands will take effect on 01 April 2022. Any Limit and Stop Limit orders entered on 01 April 2022 that do not conform to the new tick sizes will be rejected with message ‘Invalid price XXX (tick size XX)’.