Translation. Region: Russian Federal
Source: Moscow Exchange – Moscow Exchange –
An important disclaimer is at the bottom of this article.
In continuation news on the changes planned for September 22, 2025 in the stock and currency market system, we are sending information on the improvements that are planned to be made on the days of the implementation of corporate actions on securities. For shares and depositary receipts falling under the corporate actions “DVCA” and “DVSE”, trading limits will be lifted from the moment the register is fixed until a new current price is formed:
Additional marginal limits for fluctuations in the price of a security shall not apply from the trading day on which a change in the price of a share or depositary receipt for shares is taken into account in connection with the determination of the list of persons entitled to receive dividends or additional shares (corporate action type = “DVCA”, “DVSE”) when they are distributed among shareholders, until the trading day on which the new current price is formed:
A check is implemented: if the planned date of register fixation on paper = T 1, then on date T 1 the limits on TQBR will be deleted:
maximum fluctuation limits for the price of a security in the amount of ±10% during the UDS, VDS; maximum fluctuation limits for the price of a security in the amount of ±3% during the DSVD; maximum fluctuation limits for the price of a security in the amount of ±22% for shares and depositary receipts for shares included in the non-quoted part of the list of securities; additional fluctuation limits for the price of a security in the amount of ±10%, if any, during the main trading session for shares and depositary receipts for shares included in the non-quoted part of the list of securities.
During the trading day, in which a new current price is formed, control over the price fluctuation boundaries will be restored:
maximum fluctuation limits for the price of a security in the amount of ±10% during the UDS, VDS; maximum fluctuation limits for the price of a security in the amount of ±3% during the DSVD; maximum fluctuation limits for the price of a security in the amount of ±22% for shares and depositary receipts for shares included in the non-quoted part of the list of securities.
A description of the existing measures to counteract price destabilization on the stock market can be found on the exchange's website: HTTPS: //VVV. MOEX.MO/A9010.
Contact information for media 7 (495) 363-3232Pr@moex.kom
Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.