Other factors affecting orders

This section outlines how prices and trading are affected by dividends and other entitlements, takeovers and trading halts.

  • Basis of quotation - Securities trade upon the basis that they are entitled to upcoming dividends, rights issues, etc. If this basis changes, the security price generally also changes. Any such changes are displayed on ITS.
  • Takeovers and schemes - These affect the price of a security and what types of orders can be placed.
  • Trading halts - Under certain circumstances, trading may be halted in a particular security, or in all securities on issue for a particular company. Trading halts are not necessarily punitive and may be at the request of the company concerned.