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Introduction to the trading rules of the New Third Board
Recently, there have been many big news in the capital market, such as the great changes in the New Third Board market. With the recovery of the New Third Board market, more and more friends are interested in trading the New Third Board. Many friends want to know how to trade New Third Board stocks. Here, I would like to introduce the trading rules of the New Third Board.

Trading channel

You can open a trading account of the New Third Board through a securities company. The conditions for opening an account for the New Third Board are: (1) before 10 trading day, the daily average assets of the securities account and capital account shall not be less than 1 10,000 yuan,10.5 million yuan and 2 million yuan; (2) Having more than 2 years experience in securities, funds and futures investment.

Trading rules

At present, the New Third Board is divided into three levels: basic layer, innovation layer and selected layer, which are aimed at investors in different situations. The three levels of trading rules are:

Basic layer, innovation layer

Provide call auction and market-making trading methods, and at the same time provide a block trading channel for qualified transactions. The first matching transaction of call auction stock took place at 9: 30am. After that, match the bidding auction of the basic layer every hour, and match the innovation layer every 10 minute.

When the price is declared, there is a price limit for call auction stocks, with the limit ratio of 50% and the limit ratio of 100%. There is no limit on the price on the first day after the termination of listing.

Selected layer

The selection layer realizes the trading mechanism of call auction of opening price and closing price and continuous bidding in the session. The trading hours are as follows:

1 and 9: 15-9:25 are the opening bidding time;

2.9: 30-1:30 and 13:00- 14:57 are continuous bidding time;

3. 14:57- 15:00 is the closing time in call auction.