That's not true. Overnight entrustment, also called alternate day entrustment or night market entrustment, means that the entrustment of the second trading day can be carried out after the specified time in the evening of the first trading day. The entrustment will be temporarily stored in the securities company system and sent to the exchange host at 9: 15 the next morning. But this can only guarantee the earliest entrustment in the securities company, but the exchange can only accept the entrustment order of 9:/kloc-0: 5.

Call auction's principle is price first, time first.

After the market closes at 4: 30 p.m., the stock exchange begins liquidation, which can be entrusted after the liquidation. According to the daily trading volume, the closing time varies, and it is basically stable after 10 in the afternoon. It is suggested that overnight entrustment can be operated after 10 in the afternoon, so as to avoid premature liquidation as the same-day entrustment.

Next-day entrustment is an incremental service provided by brokers to accept orders entrusted by customers before the trading day. Every other day's entrustment service provided by various brokers is different in details, and some even do not provide the next day's entrustment service. Therefore, the specific entrustment rules need to consult their respective brokers.

These can be understood slowly in the future operation. In order to improve their experience in stock trading, novices can use a bull stock treasure to simulate stock trading in the early stage and learn stock knowledge and operation skills, which is helpful for making profits in the stock market in the future. I hope I can help you, and I wish you a happy investment!