Set up a trading window

  • Freigeben Version: Australia
  • Aktualisiert 12. März 2026
  • 1 Minute Lesedauer

    • Set up a trading window for a period in which certain designated employees of the organization are permitted to trade in the securities of your organization.

    Vorbereitungen

    Role required: sn_lg_stock_cp.stock_config

    Warum und wann dieser Vorgang ausgeführt wird

    During an open trading window, the designated employees such as directors and executives can trade in compliance with your organization's Insider Trading Policies.

    Prozedur

    1. Navigate to All > Legal Administration > Stock Preclearance Admin > Trading Windows.
    2. Click New to set up a trading window.
    3. On the form, fill in the fields.
      Tabelle : 1. Trading Window form
      Field Description
      Short description Unique short description for the trading window.
      Fiscal quarter Fiscal quarter for which the trading window is open.
      Opening date Date the trading window opens.
      Closing date Date the trading window closes.
      Request submission start date Date from which you can start submitting preclearance requests.
      Earnings date Date of your company’s earnings.
      Approval validity days Number of days a stock preclearance approval is valid for.
      Exclude trading holidays Option to exclude trading on holidays that fall within the trading window. Selecting this option extends the approval validity days by the number of holidays during the trading period.
      Hinweis:
      By default, weekend days are excluded for calculating the validity due date.
      For example, say that a trading window opens from January 1 to January 31 and you have set the approval validity days to 10 days. If January 24 and 25 are trading holidays, then,
      • If the preclearance is approved on January 8, the approval validity is until January 22 (10 days from January 8 + 4 days of two weekends).
      • If the preclearance is approved on January 15, the approval validity is until January 31 instead of January 25 (10 days + 4 days of two weekends + 2 holidays from January 15).
      • If the preclearance is approved on January 21, the approval validity is until February 6 (10 days + 2 holidays from January 20 + 4 days of two weekends). However, as the trading window closes earlier than the validity of approval, the last date is January 31 rather than February 6.
    4. Click Submit.