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Article 4.7.4

Trading methods and phases

1.       Trading on the IDEM market shall take place using the auction and continuous trading methods.


2.       The trading phases are as follows:

a)     opening auction, divided in turn into the opening theoretical auction price determination phase  (“pre-auction”) and the conclusion-of-contracts phase (“opening”);

b)     continuous trading.


3.       The trading hours shall be established in the Instructions.



Last update:  November 9 2010 - 16:27


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