Instead, this is decided by a short auction which occurs just before the market re-opens, and the most frequently traded figure becomes the opening price for that day. Trading hours in the global stock market also vary from region to region based on public holidays. […]
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As with conventional gilts, payment is made in two semi-annual payments on fixed dates, six https://en.wikipedia.org/wiki/Foreign_exchange_regulation months apart, but unlike conventional gilts the payments will differ in size depending on the path of inflation between successive coupon dates. On the maturity date of an index-linked […]