NSE Index Circuit Breakers Rule Becomes Effective from 15th Jan, 2016

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Friday, January 15, 2016 09:35 AM / NSE

Please be reminded that on  1 December 2014, The Exchange deferred the effective date of the "Trading Halts Due to Extraordinary Market Volatility" (Index Circuit Breakers) Rule, and informed the market that it will announce the effective date of the Rule on a later date.

The Index Circuit Breakers Rule, which was approved by the SEC on 19 May 2014 has become effective on the date set forth beside it on the table below.


Approved Rule

Effective Date

Contact Persons

Trading Halts Due to Extraordinary Market Volatility (Index Circuit Breakers)​​:Rule 15.46, Page 92 of the Dealing Members' Rules of the Rulebook of The Exchange, 2015

15 January 2016​​

Mr. Ade Ewuosho



Mr. Olufemi Shobanjo



Mr. Kenneth Nwafor


Please do not hesitate to seek clarification via electronic mail to any of the above mentioned persons or Mr. Oluwatoyin Adenugba (oadenugba@nse.com.ng) of our Rules and Interpretation Department if you have any questions regarding the foregoing.

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