what is asm stage 4

11 months ago 21
Nature

ASM (Additional Surveillance Measures) is a stock market regulation system that monitors and regulates the trading activity of particular securities to improve market integrity, limit risks, and protect investors interests. The ASM list is a list of securities that are currently under surveillance due to price variation, volatility, volume variation, etc. . The ASM list is divided into two categories: long-term ASM (WEB) and short-term ASM (WEB) . The ASM stages are as follows:

  • Stage 1: Initial identification of securities that meet predefined criteria.
  • Stage 2: Imposition of surveillance measures such as price bands, increased margin requirements, or additional disclosures.
  • Stage 3: Ongoing monitoring and review of the identified securities.
  • Stage 4: Potential modifications or lifting of ASM based on the securities performance and market conditions.
  • Stage 5: Continuous monitoring and adjustments as necessary to maintain market stability and investor protection.

Stage 4 of ASM refers to the potential modifications or lifting of ASM based on the securities performance and market conditions.