As of 1 September 2023, shares on the START market will be traded in a continuous regime, with no minimum number of shares.
All issues from the START market will be transferred to the continuous trading regime from 1 September 2023, i.e. they will be traded in the same manner as share issues from the other Prague Stock Exchange markets (PRIME, STANDARD and FREE).
At the same time, from 1 September 2023, the minimum order size will be changed for all issues on the START market. Currently, each issuer has set its individual lot, i.e. minimum order size. With the transition to continuous trading, the minimum order size will change to 1 piece for all issuers on the START market.
“This is a move we have been debating for a long time. In the end, we went with the demand from traders and exchange members who prefer continuous trading, especially in terms of clarity for clients. We therefore expect from continuous trading in particular higher transparency and clarity for investors“, says Petr Koblic, CEO of the Prague Stock Exchange.
A detailed description of continuous trading is provided in the Stock Exchange Rules – Part III. Rules for Single Auction and Continuous Trading, especially Articles 5.2.1, 6.2, 7.3 and 7.4.
10.08.2023