Stock orders can be placed as early as 9:00 the night before, because orders for the next trading day can be accepted as long as the day's trading is cleared. Securities company trading clearing usually ends after 9 p.m. Therefore, the earliest stocks can be traded is around 9 pm on the previous trading day. If you entrust the pending order yourself, you can apply during the call auction, which is at 9:15 in the morning.
In fact, you have to wait until 9:15 in the morning to apply for an overnight order. The securities company just queues up for you first. If you place an order overnight, it is recommended that the overnight order can be operated after 10 o'clock to avoid being premature. It was liquidated as a day order.
Principles for stock entrustment and pending orders:
Sell: If the opening price is the highest price of the day, then the pending order can help you sell at the highest price;
Buy : If the opening price is the lowest price of the day, then the pending order can help you buy the lowest price.
When placing a stock order, you need to set the price of the order yourself. If you want the transaction to be completed early, the price of the order must be appropriate. For example, if the market opens high and moves low that day, it is suitable to sell. If it is low, If it opens high and goes high, it is suitable to buy. Furthermore, once the order is placed, it cannot be canceled until the market opens. If there is no transaction after the market opens, it will automatically be invalidated after the market closes.
Stock pending order refers to the process of filling in the name, quantity, and price of the stock to be bought or sold during stock trading and submitting it to the trading system to wait for the transaction.
Generally speaking, securities companies allow orders for tomorrow’s transactions to be placed in advance the night before. Generally speaking, securities companies will accept orders for the next transaction after the day’s trading is cleared. Generally speaking, the day’s trading is cleared. The completion time is after 9:30 in the evening. Please note that on Saturdays, Sundays or the last trading day before holidays, securities companies may not necessarily accept related stock pending orders on the relevant night, which means that orders placed on Friday night Orders that open on Monday may not be accepted. Sometimes these orders cannot be entrusted until Monday morning.
The main reason is that securities companies often conduct system tests when the stock market is not open on relevant Saturdays, Sundays and holidays. In order to prevent data confusion, relevant commission orders are generally not allowed to prevent the test data from being inconsistent with the market. Confusion arises between real commission data.
It should be noted that even on the first trading day after a holiday, generally the relevant commission systems of securities companies will operate normally after 8:30 in the morning and orders can be placed.
Stock trading is the buying and selling of stocks. There are two main forms of stock trading. One is buying and selling stocks through a stock exchange, which is called on-market trading; the other is buying and selling stocks without going through a stock exchange, which is called over-the-counter trading. Most stocks are traded on stock exchanges. Over-the-counter trading is only relatively complete in the United States. Other countries either do not have it or are in its infancy. The main processes of stock trading (on-exchange trading) are:
(1) Open an account. If a customer wants to buy or sell stocks, he should first open an account with a brokerage company.
(2) After passing the instruction and opening an account, the customer can buy and sell stocks through his broker. Every time a stock is bought or sold, a customer must give a buying and selling order to the brokerage company, which quickly transmits the customer's order to its broker on the exchange, who executes it.
(3) During the transaction process, as soon as the broker in the exchange receives the order, he quickly goes to the trading station (in the trading hall) where the stock is bought and sold to execute the order.
(4) Delivery, after the stock purchase and sale is completed, the buyer pays cash to obtain the stock, and the seller hands over the stock and obtains cash. Some delivery procedures are completed after the transaction, and some are completed within a certain period of time, such as a few days to dozens of days, through liquidation.
(5) After the transfer is completed, the new shareholder should go to the issuing company where he holds the shares to go through the transfer procedures, that is, register his own name and the shares he holds in the company's shareholder list. Wait. After completing this step, the stock transaction is finally completed.