Semmel when do you expect trading halt to occur? EOB today?
I don't know. You can make an argument for a number of options. We can all agree that halt should be lifted on Thursday morning in Australia as all information is than public. Question is,when does it start?
1. Before open on Tuesday to cover a period where some members of swedish legal system must know the result and might have told Australian traders.
2. End of AUS Tuesday because it's still in the night in Sweden and doesn't make a difference since it's the same amount of Trading time away in Europa.
3. Begining of Wednesday because making a trading halt for non trading hours seems silly
4. End of Wednesday because Europe should not be able to trade on information before Australia.
5. No trading halt. Lets just deal with the Fallout!
No idea what is going to happen.