MIL OSI Translation. Region: Russian Federation –
Source: Moscow Exchange – Moscow Exchange –
From October 14, 2024, it is planned to introduce a revised mechanism for controlling the aggressiveness of limit orders in the foreign exchange market system.
In cases where a remainder is formed for the submitted order, and the price at which this remainder will be put in the queue exceeds the maximum deviation of the transaction price from the value of the best counter order in 1%, such remainder will be removed. The introduced restriction does not apply to simple maker orders that are put in an empty order book. The introduced restriction applies to the “Put in the queue” order types and orders with a hidden number of lots. Contact information for the media 7 (495) 363-3232PR@moex.com
Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.
Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.
https://www.moex.com/n73415
EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.