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Fintech firm Trade Works gets listed on TSE

“The acceptable order price range is between JPY 1,265 (25% of the order book center price) and JPY 20,240 (400% of the order book center price)” reports financefeeds.com. Once the initial price is determined, the daily price limits will apply with the initial price set as the base price.The order book center price is set at JPY 5,060, with the upper limit price set at JPY 11,640 (230% of the order book center price).The special matching mechanism is applied to a directly-listed stock on the second day until its initial price is determined.
 
Source: financefeeds.com



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