Rules regulating securities dealers 8217; reporting of transactions in EU/EEA securities etc to the Electra trading system: "Last Price Paid"; It now appears from the guidelines that all system-generated transactions equal to or larger than one round lot in one and the same match will update the "last price paid" in SAXESS.
FUTOP Expiration Prices: The expiration price of FUTOP products the underlying asset of which is traded in the SAXESS system has previously been calculated on the basis of all system-generated transactions during the fixed expiration period.
The SAXESS system does not include all system-generated transactions in the calculation, but only those equal to or larger than one round lot. Consequently, it has been necessary to calculate the expiration price separately in connection with expirations of contracts on the KFX and individual shares.
This practice is inappropriate and therefore it has been decided to amend the rule regulating the fixing of the expiration price, so that it is brought in line with the method of calculation used in SAXESS.
The KFMX Index: The KFMX Index is now calculated on the basis of the last price paid, just like the KFX Index.
