ZSE Market Data Publication Rules
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Questions and Answers

What is required before making a commercial use of the publication of prices and market data information?

  • Written consent from the ZSE (correct)
  • Public announcement by the ZSE
  • Approval from stockbroking firms
  • No specific requirement

What type of information does the ZSE publish to ensure transparency and equity to investors?

  • Historical market trends
  • Specific investor details
  • Daily and periodic price information (correct)
  • Political news affecting stock markets

Who is responsible for the accuracy of client order details entered into the ZSEATS system by securities dealing firms?

  • Client placing the order
  • Principal officer of the firm (correct)
  • ZSE administration
  • Stock market regulators

What does the ZSE maintain to publish particulars for all listed securities?

<p>Communication system (A)</p> Signup and view all the answers

What must a person do before using prices and market data for commercial purposes?

<p>Obtain consent from the ZSE (D)</p> Signup and view all the answers

What type of information must securities dealing firms record about client orders?

<p>Date and time of receipt (A)</p> Signup and view all the answers

What will be the status displayed during continuous trading?

<p>Open (C)</p> Signup and view all the answers

In continuous trading, which order takes precedence over all others based on price?

<p>The highest bid (D)</p> Signup and view all the answers

What happens if orders are at the same price during continuous trading?

<p>The earliest one takes priority (A)</p> Signup and view all the answers

What is done to incoming orders during continuous trading?

<p>They are matched with the best opposite order in the order book (D)</p> Signup and view all the answers

Which price has the highest priority in triggering a buy transaction?

<p>Lowest sell order price (D)</p> Signup and view all the answers

How are orders ranked in the order book during continuous trading?

<p>By time of entry (A)</p> Signup and view all the answers

What will be the market status displayed as during a market halt?

<p>MARKET HALT (B)</p> Signup and view all the answers

Under what conditions will a trading halt be imposed by the Exchange?

<p>When the Index decreases by more than 8% at the opening of the market compared to its last closing value. (B)</p> Signup and view all the answers

How long can a market halt last, according to the text?

<p>15 minutes (B)</p> Signup and view all the answers

What happens to the trading hours of the market when a market halt occurs?

<p>They are extended by the time period of the halt. (C)</p> Signup and view all the answers

In what situation will a market halt not be imposed according to the text?

<p>When the Index increases by more than 8% during continuous trading compared to its last closing value. (A)</p> Signup and view all the answers

When do the proposed amendments become effective?

<p>After SECZ's approval (A)</p> Signup and view all the answers

Under what circumstance can the ZSE waive compliance with the Rules and Trading Procedures?

<p>In exceptional situations with SECZ's prior approval (B)</p> Signup and view all the answers

What allows the SECZ to request documents or information from the ZSE and securities dealing firms?

<p>SECZ's power under any enactment (A)</p> Signup and view all the answers

In what circumstances does the ZSE operate on the Equity Board according to the text?

<p>Operating hours of the ATS for the Equity Board (D)</p> Signup and view all the answers

When can the proposed amendments become effective without SECZ's approval?

<p>Immediately after submission (D)</p> Signup and view all the answers

Under what condition can the ZSE waive compliance with the Rules and Trading Procedures?

<p>With SECZ's prior approval in exceptional situations (B)</p> Signup and view all the answers

What happens if the buyer involved in a trade has subsequently sold the securities purchased earlier during the same trading session?

<p>The trade cannot be cancelled or amended. (C)</p> Signup and view all the answers

Who initiates a trade cancellation/amendment according to the text?

<p>The selling securities dealing firm (B)</p> Signup and view all the answers

What is required for a trade cancellation/amendment to take place according to the text?

<p>Mutual agreement between the securities dealing firms and approval of the Exchange (A)</p> Signup and view all the answers

How is a written request for trade cancellation/amendment forwarded to the Exchange according to the text?

<p>By both parties involved in the trade (C)</p> Signup and view all the answers

What can be amended in a trade amendment according to the text?

<p>Volume only (C)</p> Signup and view all the answers

When is a trade cancellation/amendment effected according to the text?

<p>On the market day on which the trade took place (A)</p> Signup and view all the answers

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