London, 2013-08-13 15:23 CEST (GLOBE NEWSWIRE) -- Test Environment: Change from Static Price Limits to Dynamic Price Limits
Following market feedback NLX is implementing a change to the price limit methodology. Currently when the market experiences high volatility manual intervention is required to adjust the price limits. After the change the price limits will move dynamically with the market.
This change will be implemented in the Test Environment in the regularly scheduled service window: Wednesday 14th August 2013 between 0600 and 1100.
The new price limits will be enabled for external use from Monday 19th August 2013.
Participants are requested to test the new price limits and feedback on the methodology is more than welcome to onboarding@nlx.co.uk