#24-28 Information regarding change of tick size tables in accordance with MiFID II

In accordance with the publication of the annual transparency calcualtions by European Securities and Markets Authority (ESMA), Nordic Growth Market has updated the liqudity bands for affected equity instruments. The change will take effect on April 2, 2024.

The tick size tables comprise six liquidity bands that define the smallest tick size permitted for each share in any given liquidity band. The liquidity bands are based on the average daily number of trades (ADNT) during the previous calendar year. The ADNT calculations are performed yearly on March 1 by ESMA.

Please find the shares that will change tick size table as of April 2, 2024 in the attached file. Please also note that the orders in these order books will be deleted after the end of the trading day on March 28, 2024.

The remaining shares listed on NGM, for which the new ADNT values do not require a change of liquidity band, will keep their current tick size table and orders in their orderbooks will not be deleted. 

For more information about this Market Notice, please contact us by e-mail, marketsurveillance@ngm.se or telephone, +46 8 566 390 55.

NGM Market Notice Pressroom

https://news.cision.com/ngm-market-notice