In recent days, an article "What are the rules for block trading? The news triggered a heated discussion among netizens and caused a heated discussion on the Internet. First, let's understand what a block trade is. Block trading refers to the securities trading that reaches the prescribed minimum amount, the buyer and the seller reach an agreement through agreement and are confirmed by the exchange. The rule of block trading is mainly to trade within a limited time and a limited price. The transaction process is mainly to reach the initial intention of both parties, fill in the entrustment form, verify the transaction and close the deal. So what is the specific situation? Let me share my opinion with you.

I. Block transactions

Block trading refers to a securities transaction in which the declaration of a single securities transaction reaches the prescribed minimum, the buyer and the seller reach an agreement through agreement, and the transaction is confirmed by the exchange. For example, in layman's terms, for example, you have to buy at least 10 million yuan to reach the lower limit of the number of large transactions.

Two. Block trading rules

The rule of block trading is mainly to trade within a limited time and a limited price. If there is a rising and falling market, the price within the rising and falling is no problem. If the market does not rise or fall, it should be traded within 30% of the opening price.

Three. Transaction process

The transaction process is mainly to reach the initial intention of both parties, such as how many shares to buy and how much per share. Then, when it's time to trade, they go to the exchange to fill out their own bills of purchase and sale. Finally, the exchange will verify the transaction, and after the verification is passed, the transaction will be completed in securities and cash.