Starting today, the liquidity band for shares of Frequentis AG, startup300 AG, VST Building Technologies AG, NET New Energy Technologies AG, Nexi SpA and TomTom NV will be changed. The liquidity band (tick size) indicates the smallest possible price change of an instrument. Uniform limit steps for stock exchange trading have been introduced with MIFID II throughout Europe.
The new liquidity bands are as follows:
| Instrument ISIN | Short Code | Liquidity Band from → to |
|---|---|---|
| Frequentis AG ATFREQUENT09 | FQT | LB3 → LB6 |
| NET New Energy Technologies AG ATNEWENERGY6 | WTE | LB1 → LB2 |
| Nexi SpA IT0005366767 | NEXI | LB6 → LB1 |
| startup300 AG ATSTARTUP300 | S300 | LB2 → LB1 |
| TomTom NV NL0013332471 | TOM2 | LB5 → LB3 |
| VST Building Technologies AG AT0000A25W06 | VST | LB1 → LB2 |
For Frequentis, for example, the liquidity band 6 now applies. This means that for orders with a limit between EUR 10 and EUR 20, price steps of EUR 0.002 instead of EUR 0.02 will be accepted by the system in future. All orders with limits that do not correspond to the new price levels are deleted by the system.
The exact price intervals can be found in our detailed overview.