Pre-opening pending orders

Set auction is a daily market before the opening of an important link, if the investor can use a good set of bidding this period of the correct operation, it can be said that the operation of the day played a flying opener. How exactly should we use the set bid to buy and sell stocks? The following I will talk about a few points, I hope to be able to you later in the collective bidding of the operation level to improve and helpful.

How is the transaction price determined when the auction is assembled? All trades at the set auction are traded at the same price at 9:25 and open. Set auction period is displayed in the virtual deal, so the number of transactions are zero, the purpose is to match the price of a maximum volume, if there is a new buy and throw, every 10 seconds will be a match, the result is the maximum volume at this price, but the number is zero, this time the price will generally change, The maximum volume is the hand is gradually increased, because only in this price of the deal with its volume than the last time, can replace the last transaction price, but if there is a withdrawal, the maximum turnover may also be reduced, 9:25 is the only real deal during the set auction, so it will show the number of transactions. Of course, this period can be pending orders, but also can be withdrawn, but 9 points 20 to 9 points 25 is not able to withdraw orders, the auction period is best not to withdraw a single, the probability of success is very small, although allowed to withdraw orders, but there are many other reasons for the withdrawal of orders is not so easy to succeed.

So if you want to buy a stock, you can directly hang the price of buy can, if you want to sell a stock, you directly hang down to stop the price, so it is basically possible to buy or throw, but its actual transaction price is not the price you hang or stop price, but the 9:25 deal, that is, open prices. All the people deal Price is the same price, this price is based on the maximum turnover, of course, if it is in order to limit the board and the opening of the board, you may not be able to buy, because, the auction period, the price first priority, time second priority, there is a number of third priority, continuous bidding period does not have this priority, 9:15 all the time before the same time, so the order of the same time, the price of pending orders is the same, because the number of major pending orders than retail investors, so first deal with the main.

If the actual deal will show the number of pens, and the number of orders for the sale of the deal and large number of strokes, for example, buy six deals, sell a eight deal, then the number of transactions to show eight, if buy only a sum, sell a lot of 100, then the main large-scale purchase, the main large throw.

Pending orders are not allowed during the suspension period, but pending orders can be withdrawn. For a one-hour suspension of the stock, during the suspension period (9:30-10:30) can not be withdrawn orders. Of course, there is no set of bids, any pending orders and withdrawal of the auction period is not valid, it depends on the 10:30 deft on hand, but before the suspension of the pending order is effective.

10:30 Open, General 10:29 minutes and 30 seconds, the trading system has been opened. So if you want to first buy a copy of the stock trading, preferably in 10:29 minutes and 20 seconds to buy the price, because the Commission to enter the securities company system to convert is a few seconds, if you hung early to upload or the szse has not yet 10:29 minutes 30 seconds, the exchange will treat it as a waste of a single treatment, So be sure to hold on well.

On the issue of withdrawal of orders. 9:15-9:20 can also be withdrawn by a pending order! 9:20-9:25 only pending orders, do not accept withdrawal orders, 9:25-9:30 can not be pending orders can not be withdrawn. So some village in the 9:15-9:20 during the big single buy, lure retail, to the 9:20 list was they secretly withdrew, this stock is likely to fall, never touch.

A pending order can be withdrawn during non-trading hours. 9:30 before the Commission to withdraw orders to be careful, because the probability of withdrawal of single failure is relatively large. After 9:05 do not withdraw orders, withdrawal of the basic will not be successful, after 9:15 to withdraw orders. The conversion system of the sales department is not connected to the exchange, the Commission can be successfully withdrawn. Sales department in each trading day around 9:05, will be the sales department of the conversion system to open, this system is responsible for the Securities Business Department customer commissioned instructions to transfer data to the Exchange, 9:15 on time to transfer to the Exchange computer host.

A brokerage system that can advance n hours pending orders. The first day after 15:30 can hang the next day's commission, the general brokerage night can be hung the next day

Pre-opening pending orders