Designation of transactions and revocation of designation [Securities information technology Knowledge Base]

Source: Internet
Author: User
Tags knowledge base

Specify transactions and REVOKE designations
    • Specified transaction: Buy the specified registration code (799999) escapes for the specified enlistment. The buy price is 1.000. The buy quantity is 1. The order is processed immediately and cannot be withdrawn.
    • Withdraw a specified transaction: Buy the specified revocation code (799998) escapes to the specified revocation. The buy price is 1.000. The buy quantity is 1. The order is processed immediately and cannot be withdrawn.

Determine the success of the specified transaction and the withdrawal of the specified transaction: The specified/withdrawn confirmation form for the specified transaction has a status of o,remark field feedback no error, that is, the specified/withdrawn specified success.

The designated transaction can only be performed on the auction platform, and the specified transaction will take effect on the auction platform and the bulk trading platform in real time, other platforms t+1 day.
Regulations on designated transactions of Shanghai Stock Exchange (May 2007)

The first article is to standardize the Shanghai Stock Exchange (hereinafter referred to as "the") designated transactions, protect the interests of investors, maintain the securities trading order, in accordance with the Shanghai Stock Exchange trading rules and other provisions, the development of these rules.

The following rules shall be followed by the participant in the market transaction and the client (investor) of the trading participant.

The specified transaction referred to in these rules means that an investor who trades in securities in the market must designate a trading participant in the market in advance as the sole trustee of his securities transaction, and the business unit (the "trading Unit") by the participant of the transaction through its specific participants. ) Participate in the securities trading system of the market. This is the seat number.

Fourth an investor shall, at the time of the specified transaction, declare to the trading system the designated trading order of the securities account through the participant of the transaction to which it is entrusted. The declaration is effective immediately upon confirmation by the trading system.

Fifth the investor who has transacted the specified transaction may change the designated transaction as required.

Sixth when dealing with a designated transaction change, the investor shall submit an application for revocation of the specified transaction to the trading participant of the original designated transaction, and the original trading participant completes the declaration of the order to revoke the specified transaction from the trading system. Once the declaration is confirmed, its revocation takes effect immediately.

A trading participant shall not revoke a designated transaction for which the investor has one of the following circumstances:

(a) The revocation of a transaction on the same day;

(b) A declaration on the day of revocation;

(iii) The purchase of new shares does not expire;

(iv) for repurchase or other matters not settled;

(v) The relevant institutions are not allowed to withdraw.

Seventh an investor who revokes a designated transaction, after the formalities for the revocation of the specified transaction have been completed, it is necessary to select a transaction participant to re-apply the specified transaction in accordance with these rules before the transaction can be made.

Eighth for trading participants who have two or more trading units, they can transact the unicom formalities of their respective trading units.

Nineth the Institute will be in accordance with the implementation of the trading unit, the timely revision of these rules to supplement.

Tenth these rules shall be interpreted by the Institute.

11th These rules shall be implemented from May 15, 2007 onwards. The July 28, 1997 issue of the Shanghai Stock Exchange comprehensive designated trading system of the pilot measures are abolished at the same time.

Shanghai Stock Exchange

May 14, 2007
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From for notes (Wiz)

Designation of transactions and revocation of designation [Securities information technology Knowledge Base]

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