Wavestone: now eligible for the SRD

(CercleFinance.com) - Consulting firm Wavestone has announced that, with effect from the Friday 27 December trading session, its shares listed on Euronext Paris are eligible for the Deferred Settlement Service (SRD).


The SRD enables investors to defer settlement or delivery of eligible securities until the end of the trading month. In practical terms, the service offers the possibility of initiating a leveraged long (long) or short (short) position in a security.

Securities eligible for this regulated market mechanism must have a market capitalisation of over E1bn. According to Wavestone, this admission to the SRD is likely to enhance the stock's attractiveness and liquidity.

Since 29 December 2014, Wavestone's stock has been eligible for the Service de Règlement Différé Long (SRD Long) on Euronext Paris, a status meaning that the mechanism is only authorised for purchases on the stock in question.


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