Part of the MiFID II regulation requires that our Exchange has certain controls in place. One of these is limiting the upper and lower share price that can be traded at any given moment in time. These limits are set as a percentage above and below the 30 day weighted average share price for a given property. These limits ensure a more secure, less volatile Exchange. We are constantly monitoring activity on our Exchange to ensure that it remains a fair and reliable way to buy and sell your investments. Price Limits are one of the controls that will allow us to do this and we review the limits on an ongoing basis and reserve the right to change them at any time. If you try to place a bid or sell offer outside of these limits you will see immediately on the bid or sell form that this cannot be done. Bids and offers that are already placed that sit outside the Price Limits will not be matched until the 30 day weighted average share price changes such that they become within the Price Limits.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 mins to learn more.