Non-market Clause Samples

Non-market quotation (Spike) means a quotation that matches any of the following conditions: 4.1.19.1 significant price gap; 4.1.19.2 return of the price to the original level over a short period of time with the price gap formation; 4.1.19.3 no quick price dynamics before the quotation; 4.1.19.4 no important economic news that might significantly affect the instrument price when the quotation is made.