Trades with the Participation of a Specialist
Trading is based on the principle of identification of
supply and demand (quoting) by one specialist, whose task it
is to maintain sufficient liquidity of the investment
instrument assigned to him. The activities of a specialist
can only be carried out by a member of the Exchange based on
a contract concluded with the Exchange.
Trading with the participation of a specialist is carried
out similarly to SPAD trading, i.e. in two phases (see the
Trading hours):
- open – the specialist must maintain the
quotation and conclude transactions. Transactions may be
concluded in the allowable spread designated by the
specialist’s quotation and extended by ± 0.5%.
- closed – the specialist is not required to
maintain the quotation. Transactions may be concluded in
the allowable spread designated by the last quotation of
the specialist and in the open phase extended by ± 0.5%.
Method of trading investment certificates and warrants:
- Investment certificates and warrants are accepted and
traded on the official free market of the Exchange.
- The SPAD system may be used for trading with the
participation of one specialist (issuer), who is obliged
to maintain the quotation for purchase and sale of the
assigned investment instrument for the entire time of
trading.
- Transactions concluded with investment certificates
and warrants are considered Exchange trading.
- The trading currency is CZK.
- The concluded transactions are subject to the
guarantees of the Exchange Guarantee Fund.
- The records of investment certificate and warrant
owners are kept by Univyc.
- The settlement of trading is carried out during the
period of T+1 to T+15, while the standard settlement
deadline is T+3.
Detailed information:
Notes:
- Risk factor: 1 - the lowest; 5 - the highest
- Knock - out price valid for issue day
Parameters of issues of Investment certificates and Specialists
Last change 12/1/2009
| Issue | ISIN | Maximal spread [CZK] | Standard quantity [pcs] | Risk factor | Specialist |
| ALT ENERG GAR II | AT000B054564 | 8 | 2,000 | 1 | BH Securities a.s. |
| BONUS GARANT CZK | AT000B057427 | 10 | 1,000 | 1 | BH Securities a.s. |
| BRENT CRUDE OIL | AT0000489778 | 4 | 1,000 | 1 | Raiffeisenbank a.s. |
| BRENT INDEX SHORT | AT0000A07SD6 | 500 | 50 | 1 | Raiffeisenbank a.s. |
| BRENT TL | AT0000A0CU64 | 20 | 1,000 | 5 | Raiffeisenbank a.s. |
| BRENT TL+ | AT0000A0BNV7 | 20 | 2,000 | 5 | Raiffeisenbank a.s. |
| BRENT TS 151,07 | AT0000A09JM2 | 10 | 1,000 | 5 | Raiffeisenbank a.s. |
| BRENT TS 70 | AT0000A0BP88 | 15 | 2,000 | 5 | Raiffeisenbank a.s. |
| BUX VB-AFT | AT000B054739 | 10 | 250 | 2 | BH Securities a.s. |
| CECE BANKING 200 | AT0000A0CXX0 | 30 | 1,000 | 5 | Raiffeisenbank a.s. |
| CECE BANKING 450 | AT0000A0DRW2 | 30 | 500 | 5 | Raiffeisenbank a.s. |
| CECE BONUS III | AT000B053517 | 130 | 600 | 2 | BH Securities a.s. |
| CECE OIL TL 500 | AT0000A0BL33 | 20 | 1,000 | 5 | Raiffeisenbank a.s. |
| CECE TEL TL 540 | AT0000A0D2F6 | 20 | 1,000 | 5 | Raiffeisenbank a.s. |
| CECE VB-AFT | AT000B054705 | 26 | 100 | 2 | BH Securities a.s. |
| CECEXT | AT0000A00M07 | 16 | 200 | 1 | Raiffeisenbank a.s. |
| CEETX BON 1950 CAP | AT0000A0F8R6 | 150 | 200 | 3 | Raiffeisenbank a.s. |
| CEETX INDEX LONG | AT0000A0F7M9 | 150 | 200 | 1 | Raiffeisenbank a.s. |
| CEETX TL 1200 | AT0000A0F7L1 | 25 | 1,000 | 5 | Raiffeisenbank a.s. |
| CEETX TL 800 | AT0000A0F7K3 | 50 | 300 | 5 | Raiffeisenbank a.s. |
| CEZ TL 340 | AT0000A0D2J8 | 100 | 100 | 5 | Raiffeisenbank a.s. |
| CEZ TL 500 | AT0000A0BL58 | 10 | 3,000 | 5 | Raiffeisenbank a.s. |
| CROX INDEX CERT | AT000B054358 | 60 | 300 | 2 | BH Securities a.s. |
| CSS INDEX CERT | AT000B054085 | 270 | 100 | 2 | BH Securities a.s. |
| CTX | AT0000454186 | 12 | 200 | 1 | Raiffeisenbank a.s. |
| CTX TS 1900 | AT0000A0DSP4 | 50 | 250 | 5 | Raiffeisenbank a.s. |
| DAX INDEX LONG | AT0000A04QY3 | 500 | 50 | 1 | Raiffeisenbank a.s. |
| DAX INDEX SHORT | AT0000A056Y4 | 500 | 50 | 1 | Raiffeisenbank a.s. |
| DJ EURO STOXX 50 | AT0000340146 | 10 | 100 | 1 | Raiffeisenbank a.s. |
| ELEKTGAR2VB-AFT | AT000B055918 | 3 | 5,000 | 1 | BH Securities a.s. |
| ELEKTRINAGARVB-AFT | AT000B055488 | 3 | 5,000 | 1 | BH Securities a.s. |
| ERSTE TL 6,5 | AT0000A0D7E8 | 10 | 3,000 | 5 | Raiffeisenbank a.s. |
| EUROPA BONUS CZK | AT000B054861 | 500 | 100 | 2 | BH Securities a.s. |
| GOLD | AT0000489398 | 30 | 100 | 1 | Raiffeisenbank a.s. |
| GOLD 1165 TS | AT0000A08S11 | 100 | 200 | 5 | Raiffeisenbank a.s. |
| GOLD INDEX SHORT | AT0000A0AN24 | 500 | 100 | 1 | Raiffeisenbank a.s. |
| GOLD SHARK GAR CZK | AT000B057484 | 10 | 1,000 | 5 | BH Securities a.s. |
| GOLD TURBO LONG | AT0000A00BQ9 | 20 | 200 | 5 | Raiffeisenbank a.s. |
| HTX TL 1800 | AT0000A0DS42 | 50 | 250 | 5 | Raiffeisenbank a.s. |
| CHINA BONUS III | AT000B054275 | 130 | 600 | 2 | BH Securities a.s. |
| INDUSTRY BASKET | AT0000A07N66 | 30 | 400 | 1 | Raiffeisenbank a.s. |
| KB DISC 2900 CAP | AT0000A0E384 | 100 | 300 | 3 | Raiffeisenbank a.s. |
| KB TL 1300 | AT0000A0CY03 | 30 | 50 | 5 | Raiffeisenbank a.s. |
| KOMODITY PLUS | XS0322226415 | 100 | 30 | 1 | Patria Finance, a.s. |
| NWR TL 50 | AT0000A0D360 | 50 | 250 | 5 | Raiffeisenbank a.s. |
| O2 DISC 550 CAP | AT0000A0E418 | 150 | 200 | 3 | Raiffeisenbank a.s. |
| O2 TL 200 | AT0000A0BMJ4 | 40 | 300 | 5 | Raiffeisenbank a.s. |
| O2 TL 300 | AT0000A0BMK2 | 20 | 500 | 5 | Raiffeisenbank a.s. |
| PX BONUS 114+ | AT0000A0AN81 | 10 | 1,000 | 3 | Raiffeisenbank a.s. |
| PX BONUS 125 CAP | AT0000A0AN73 | 10 | 1,000 | 3 | Raiffeisenbank a.s. |
| PX BONUS 127 CAP | AT0000A0BUV2 | 10 | 1,000 | 1 | Raiffeisenbank a.s. |
| PX INDEX CERT. | AT000B054721 | 9 | 1,000 | 2 | BH Securities a.s. |
| PX TL 450 | AT0000A0D3F4 | 100 | 200 | 5 | Raiffeisenbank a.s. |
| PX TL 500 | AT0000A0BLZ2 | 15 | 2,000 | 5 | Raiffeisenbank a.s. |
| PX TS 1300 | AT0000A0DSQ2 | 20 | 1,000 | 5 | Raiffeisenbank a.s. |
| RDX | AT0000481221 | 20 | 200 | 1 | Raiffeisenbank a.s. |
| ROTX INDEX LONG | AT0000481403 | 400 | 50 | 1 | Raiffeisenbank a.s. |
| ROTX TL 3700 | AT0000A0DSM1 | 30 | 100 | 5 | Raiffeisenbank a.s. |
| S-BOX DIMAX | AT0000A04KP4 | 200 | 50 | 1 | Raiffeisenbank a.s. |
| SETX INDEX LONG | AT0000A00BF2 | 50 | 300 | 1 | Raiffeisenbank a.s. |
| SETX TL 850 | AT0000A0DSN9 | 30 | 1,000 | 5 | Raiffeisenbank a.s. |
| SRX INDEX CERT | AT000B054515 | 30 | 500 | 2 | BH Securities a.s. |
| TOP ČESKÝ BON CZ | AT000B059225 | 50 | 100 | 2 | BH Securities a.s. |
| TOP ČESKÝ BON CZII | AT000B059407 | 50 | 100 | 2 | BH Securities a.s. |
| TOP5 ENERGY GARANT | AT000B056551 | 3 | 500 | 1 | BH Securities a.s. |
| UNIPETROL TL 70 | AT0000A0BML0 | 15 | 2,000 | 5 | Raiffeisenbank a.s. |
| UNIPETROL TL 90 | AT0000A0BMM8 | 15 | 2,000 | 5 | Raiffeisenbank a.s. |
| WIG VB-AFT | AT000B054713 | 10 | 250 | 2 | BH Securities a.s. |
Parameters of issues of Warrants and Specialists
Last change 7/8/2010
| Issue | ISIN | Maximal spread [CZK] | Standard quantity [pcs] | Note |
| ECM WARRANTS | XS0258854495 | 35 | 100 | Automatic Trades only. |
| ECM WARRANTS 2007 | XS0319646286 | 100 | 1,000 | Automatic Trades only. |