NEPSE amends trading regulations, introduces pre-market order queuing and tighter circuit breaker rules
Summary
Nepal Stock Exchange (NEPSE) has amended its trading regulations to include pre-market order queuing and tighter circuit breaker rules, effective from Baisakh 7, 2083. The new rules revise order price limits and introduce updated trading halt mechanisms based on index movements.
Key Points
- NEPSE has implemented Securities Trading Operation (Fourth Amendment) Regulations, 2082, effective Baisakh 7, 2083.
- Introduced pre-market order queuing allowing orders to be entered before trading sessions, with price limits compared to the previous closing price.
- Revised circuit breaker thresholds now trigger a 15-minute trading halt at a 5% index movement within two hours and full-day closure at an 8% index movement.
- Securities moving over 15% above or below opening session price are barred from trading that day.
