Stocks are traded by bidding. Stock bidding is divided into call auction and continuous bidding, and continuous bidding is the time when we buy and sell stocks normally. Do we know which ones? What are the trading skills of call auction pending orders compiled by Bian Xiao _ What are the trading rules of call auction? For reference only, I hope it will help you.
What are the trading skills of call auction pending orders?
First of all, it should be noted that during call auction, orders can be placed or cancelled at 9: 15-9: 20, orders can only be placed at 9: 20-9: 25, but bills cannot be cancelled at 9: 25-9: 30.
Trading skills: investors can choose to declare trading orders between 9: 23 and 24: 00, because the opening price range of the stock price is basically established and there is a relatively stable frame of reference; In terms of price, if investors want to buy, they can choose to declare the price higher than the selling price 1; If they want to sell, they can choose to declare at a price lower than the purchase price 1
Call auction's closing skill is based on the closing principle in call auction. When opening in call auction, there are three closing principles:
1 has the largest volume.
2 both the entrusted buying above the transaction price and the entrusted selling below the transaction price can be satisfied.
3. All declarations of one of the buyers and sellers with the same transaction price have been completed.
What should we pay attention to in call auction stage?
1. The transaction price of all commissions reached in call auction is the opening price, regardless of the commission price. All buying commissions above the opening price and selling commissions below the opening price can be concluded, and some commissions with the same opening price can also be concluded.
2. The opening prices of Shanghai and Shenzhen stocks are generated through call auction. If call auction fails to find a transaction price that meets the above three conditions, it will generate an opening price in the subsequent continuous bidding, and the first transaction price in the continuous bidding is the opening price of the stock on that day. If a stock is suspended in the morning due to announcement and other reasons, it will directly enter the continuous bidding from 1 in the afternoon, and its first transaction price is the opening price of the stock on that day.
3. The daily call auction time in Shanghai and Shenzhen stock markets is from 9: 00 a.m.15 to 25: 00 a.m. During this period, all transactions are only declared without matching, but orders can be cancelled. From 9: 20 to 25: 00, you can't cancel the order. During the five minutes from 9: 25 to 30: 00, only the declaration is accepted, and the transaction declaration is not processed. The opening price is generated through call auction at 9: 25, and the continuous bidding phase begins at 9: 30.
4, allotment, bonds (including government bonds, corporate bonds, etc.). ), continuous bidding can only be conducted during normal trading hours. The opening price of convertible bonds on the first day of listing is generated by call auction, and subsequent transactions are the same as bonds.
What are the trading rules in call auction?
1, trading rules in call auction.
Call auction is different from continuous bidding. At present, call auction in the two cities is 9: 00 a.m.15-9: 25 a.m. and 14: 57- 15: 00 p.m., and other trading hours are continuous bidding, among which call auction in the morning is more complicated.
During 9: 15-9: 20, orders can be placed or cancelled, but when the pointer reaches 20: 00, orders cannot be cancelled. During this period, I often see the main force hanging unreasonable prices, and then withdrawing orders when it is close to 20: 00.
From 9: 20 to 9: 25, you can only place an order, but you can't cancel it. The cancelled declaration is directly invalid, so the five-minute order is more realistic. Generally, the opening of call auction mainly depends on these five minutes.
Orders can be placed or cancelled from 9: 25 to 9:30, but these orders will not be declared successfully until they open at 9: 30. Call auction, which lasted for three minutes in the late afternoon, was relatively simple. You can only hold an order, but you can't cancel it. Orders that have not been closed will automatically become invalid after the transaction.
The price is the first and the hanging time is the second.
2. Bidding auction pending skills
Take Ping 'an in China as an example. At 9: 24, the price in call auction was 73.6 1, and there were 57 lots in Buy 2, which means there were 57 extra lots to pay at this price or above.
If no one hangs up afterwards and you want to buy it, you might as well hang up within the price range you can accept.
For example, if I can accept 73-74 yuan's purchase, then I will hang up 74. The principle of clinching a deal in call auction is that the price comes first, and the waiting time is second, so I can probably clinch a deal, and generally our capital ratio is small, which will not significantly affect the price in call auction. After that, I could close the deal at 73.6 1, which is equivalent to 74%, but I bought 73.6 1.
If you want to sell it, the acceptable price range is 73-74 yuan, so you can sell it in 73 yuan, because there are still 57 unsold lots to pay, so there is a high probability that it will not change the transaction price in call auction, which is equivalent to selling it in 73 yuan, and the actual transaction price is 73.6438+0 yuan.
In late afternoon, call auction is generally quiet. Except for the expansion of the index and some Zhuang shares, the price is not much different from the final transaction price in call auction. You can buy at a high price if you want, and sell at a low price if you want.