Regulatory Alerts2004-01-01
Decision No. 023 of 2004 on Price Limit Adjustment Standards for Stocks
The Financial Regulatory Authority issued Decision No. 023 of 2004 to establish updated criteria for adjusting stock price limits across listed equities. The regulation mandates trading platforms to apply revised pricing thresholds dynamically, ensuring consistent volatility controls during market sessions. It further outlines the procedural requirements for exchanges to calculate and implement these limits based on predefined market indicators.
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