Revised Tick Size for 10 securities on the Equity & Bond Market from 1 February
Starting from Monday 1 February, the Moscow Exchange sets new price ticks for following securities under regular quarterly review.
| Ticker | Issuer | Type* | ISIN |
Tick size, RUB. |
Tick size, RUB. |
Ticker |
|---|---|---|---|---|---|---|
| AKRN | Akron | CS | 1-03-00207-A | RU0009028674 | 1 | 5 |
| EPLN | Europlan | CS | 1-02-56453-P | RU000A0JVW89 | 0,1 | 1 |
| FESH | DVMP | CS | 1-03-00032-A | RU0008992318 | 0,01 | 0,005 |
| KLSB | Kalugsk. Sbyt. Company | CS | 1-01-65057-D | RU000A0DKZK3 | 0,05 | 0,1 |
| LKOH | LUKOIL | CS | 1-01-00077-A | RU0009024277 | 0,1 | 0,5 |
| MRKU | MRSK Urala | CS | 1-01-32501-D | RU000A0JPPT1 | 0,0001 | 0,0005 |
| MRSB | Mordovskaya EnergoSbyt Comp. | CS | 1-01-55055-E | RU000A0D9AJ7 | 0,0001 | 0,0005 |
| NKHP | NKHP | CS | 1-03-35684-E | RU000A0BLWD7 | 0,01 | 1 |
| PLZL | Polus Zoloto | CS | 1-01-55192-E | RU000A0JNAA8 | 5 | 1 |
| YNDX | PLLC Yandex N.V. | CS | NL0009805522 | 0,1 | 0,5 |
*CS-common stock, PS-preferred stock, MF- closed-end mutual fund unit
This affects the following trading modes:
- T+2 Central order book;
- Odd lots;
- Dark pools;
- Central order book for D Equities;
- Negotiated trading mode(NTM);
- D-equities – NTM
- NTM with CCP
"Decimals" parameter measuring tick size accuracy remains unchanged for abovementioned securities..
Also from Monday 1 February "Decimals" parameter will be changed in a number of securities without tick size change
| Security code | Security name | Type | ISIN |
Decimals |
Decimals |
|---|---|---|---|---|---|
| CBOM | OAO MKB ao | CS | RU000A0JUG31 | 4 | 3 |
| DASB | Dagestan energosbyt. company | CS | RU000A0F63G0 | 4 | 3 |
| DGBZ | Dorogobuzh ao | CS | RU0007661674 | 2 | 1 |
| DGBZP | Dorogobuzh ap | PS | RU0007661682 | 2 | 1 |
| KZOS | PAO Organicheskiy Sintez ao | CS | RU0009089825 | 2 | 1 |
| MUGS | Murmanskaya TEC ao | CS | RU000A0HNRS8 | 4 | 3 |
| PAZA | Pavlovo Bus ao | CS | RU0009083240 | 1 | 0 |
| RU000A0JQ5S1 | ZPIF nedvizhimosti Baikal Star | RU000A0JQ5S1 | 1 | 0 | |
| RU000A0JUTV9 | RiteilInvest UK Upr inv YAMAl | MF | RU000A0JUTV9 | 1 | 0 |
| RU000A0JUTW7 | IT-segment UK Upr inv YAMAl | MF | RU000A0JUTW7 | 1 | 0 |
| RU000A0JVPL6 | ISU KAPITAL UK Kapital EM | MC | RU000A0JVPL6 | 2 | 1 |
| SIBG | PAO Sibirskiy gostinec ao | CS | RU000A0JVA36 | 4 | 2 |
| STSB | StavropolEnergoSbyt | CS | RU000A0ET1W4 | 4 | 3 |
| TGKBP | TGK-2 pref | PS | RU000A0JNGT5 | 6 | 5 |
| TNSE | PAO GK "TNS energo" ao | CS | RU000A0JUCQ5 | 1 | 0 |
| TORSP | Tomsk raspredelit. komp ap | PS | RU000A0ETZM8 | 4 | 3 |
| UTSY | "Edinie Tehno Sistemi" PAO ao | CS | RU000A0JULB8 | 3 | 2 |
| VRAO | RAO ES Vostoka ao | CS | RU000A0JPVL6 | 4 | 3 |
| VRAOP | RAO ES Vostoka ap | PS | RU000A0JQNL1 | 4 | 3 |
| YAKG | YaTEK ao | CS | RU0007796819 | 2 | 1 |
| YKEN | YakutskEnergo | CS | RU0009257075 | 4 | 3 |
| YKENP | YakutskEnergo ap | PS | RU0007796827 | 4 | 3 |
| ZVEZ | Zvezda ao | CS | RU0009091300 | 3 | 2 |
Tick"s and "Decimals" parameter changes from 1 February 2016
The purpose of this change is to improve the order book structure, boost trading activity, increase bid/ask volumes and thereby reduce costs on executing large orders.
The tick size is reviewed quarterly starting from the second quarter of 2015.
Also will be changed the "Decimals" parameter for list of securities without changing tick sizes. This parameter is responsible for tick size accuracy.
The regular tick size review was approved by the MICEX SE"s Equity & Bond Market Committee on 27 June 2014.
For further information, please contact the Public Relations Department at (495) 363-3232.