Every call auction time is, five minutes before the opening of a trading day is call auction time, and the first four minutes are the time for investors to declare prices freely. This time period can be refunded.
The last minute is the bidding match time. Note that it is not allowed to withdraw the order during this time period, and finally the opening price is determined according to the matching result. Pending orders that are not closed at the last minute will enter the continuous bidding time of bidding transactions.
Extended data:
Relevant regulations of call auction:
Every trading day from 9: 15 to 9:25, 14:57 to 15:00, the trading host accepts the declaration of participating in bidding transactions.
Every trading day from 9: 25 to 9: 30, the trading host only accepts the declaration, and does not handle the trading declaration or cancel the declaration. When the Exchange deems it necessary, it may adjust the time for accepting the declaration.
Before the entrustment is completed, the client has the right to change and cancel the entrustment. If the entrusted part has been completed, the completed part shall not be revoked.
The call auction stage mainly refers to the period from 9:20 to 9:25 on the stock trading day, and neither Shanghai nor Shenzhen stock markets accepted call auction's withdrawal.
Shareholders should pay special attention when accepting trading declarations. At other times, the rules of Shanghai and Shenzhen stock markets are different. During the time when the Shanghai Stock Exchange accepts the trading declaration, the unfinished trading declaration may be revoked:
During the five minutes from 9: 0015 to 9: 20, the trading host can receive the trading declaration and cancellation declaration, but will not process the trading declaration or cancellation declaration.
At 9: 20-9: 25, 14: 57- 15: 00, the trading host will not accept the cancellation declaration for participating in the bidding transaction.
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