NEPSE Introduces Key Trading Reforms to Enhance Market Efficiency
Summary
NEPSE has introduced key amendments to its trading regulations, including increased daily price limits, revised pre-open session rules, updated circuit breaker mechanisms, and plans for an After-Market Order facility, aiming to enhance market efficiency.
Key Points
- NEPSE increased the daily price fluctuation limit from 10% to 15% to improve liquidity and price discovery.
- Pre-open session price movement range was expanded to ±5% to establish realistic opening prices.
- Circuit breaker thresholds were updated: a ±5% move triggers a 15-minute halt, and ±8% closes the market for the day.
- An After-Market Order (AMO) system will be introduced for placing orders outside regular hours, pending technical readiness.
