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Price corridor

In accordance with Article 17 of the Law «On Commodity Exchanges» to prevent price manipulation, the exchange is authorized to implement a price corridor mechanism that prevents unjustified over- or underpricing of commodities in the course of a trading session.

to prevent price manipulation, the exchange is authorized to implement a price corridor mechanism that prevents unjustified over- or underpricing of commodities in the course of a trading session.

The decision to establish, modify or dismiss a price corridor is based on the current market situation as well as analysis of exchange quotations from the previous trading session and other pricing factors.