31.12.2013
30.12.2013
e.g. Fibonacci points:
Broken support level
Next support level
Last significant support level
26.12.2013
25.12.2013
24.12.2013
The TASE initiates an “English Opening” or “circuit Breakers” procedure if necessary, i.e. in the event of sharp fluctuations in the TA-25 Index, trading is postponed or halted.
English Opening
In case of a fluctuation of 2.5% or higher in the latest theoretical TA-25 Index compared to the base index, trading in the stock exchange (including convertible securities, convertible bonds, warrants and index products whose base asset is either a stock or a stock index) is postponed for a random period of 5-6 minutes (“first extension”). In the event the latest theoretical TA-25 Index continues to fluctuate by 2.5% or higher after the first extension, trading is postponed once again to an additional random period of 5-6 minutes.
Circuit Breaker
Following the second extension, the latest theoretical TA-25 Index is checked again. If it fluctuates by more than 5%, trading on the stock exchange is postponed and trading of stock and index derivatives is suspended for a random period of 45-50 minutes.
In theory, jetting consists of fluidizing the seabed soil so that the heavier pipeline sinks in.
The jetting plough is placed over the pipeline and high pressure water jets from nozzles blast the surrounding soil away from the pipeline.
Jetting disperses the local soil away from the pipeline and creates a wide trench. In most cases, the soil is not returned immediately and the pipeline gets covered in time depending on the bottom sediment load.
Jetting is done in sands and soft clays, but in hard clays ploughing may be required.