Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Helsinki Exchanges Starts Block Trading On February 25

Date 22/02/2002

Block trading will be enabled in the HETI trading system as of February 25, 2002. A similar model is commonly used in other exchanges.

According to the new rules accepted by the Ministry of Finance a precondition for recording the transaction is that the size of the transaction fulfils at least one of the following requirements: the transaction includes at least two per cent of the number of shares of the same class of shares subject to trading and the value of the transaction is at least one million euros, or the value of the transaction is at least ten million euros.