Encyclopedia
Limit of oscillations
The limit of fluctuation - the limit of fluctuation for securities traded on an organized securities market is set at 20 percent in either direction from the market price of such securities. The limit of fluctuation for securities not traded on an organized securities market is set at 20 percent in either direction from the calculated price of such securities1.
Federal Law No. 281-FZ dated November 25, 2009, "On Amending Part One and Two of the Tax Code of the Russian Federation and Certain Legislative Acts of the Russian Federation" dated November 25, 2009, as amended on November 25, 2009, Article 14, paragraph 2 // RSZ RF. 2009. No. 48. Article 5731. ↩