The operation system of the Shanghai Stock Exchange includes a centralized bidding trading system, a block trading system, and a comprehensive electronic platform for fixed-income securities.

The operating system of the Shenzhen Stock Exchange includes a centralized bidding system and a comprehensive agreement trading platform.

Shanghai Stock Exchange Shanghai Stock Exchange (English: Shanghai Stock Exchange, Chinese abbreviation: Shanghai Stock Exchange) is one of the two stock exchanges in mainland China. It was founded on November 26, 1990 and is located in Pudong New Area, Shanghai.

The Shanghai Stock Exchange officially opened for business on December 19, 1990.

As of the end of 2018, the number of listed companies on the Shanghai Stock Exchange reached 1,450, with a total market value of 27.0 trillion yuan; the cumulative stock trading volume in 2018 was 40.3 trillion yuan, with an average daily turnover of 165.9 billion yuan, and the total stock market financing was 611.4 billion yuan; the bond market

There were 12,089 listed funds, with a custody volume of 8.4 trillion yuan, and a cumulative transaction of 216.9 trillion yuan; the number of funds in the fund market reached 233, with a cumulative transaction of 7.2 trillion yuan; the derivatives market had a cumulative transaction of 179.8 billion yuan throughout the year.

The number of investor accounts opened in the Shanghai Stock Exchange has reached 296.1 million.

A large number of pillar enterprises, key enterprises, basic industry enterprises and high-tech enterprises of the national economy have not only raised development funds but also transformed their operating mechanisms through listing.

In December 2018, with the approval of the China Securities Regulatory Commission, the newly revised "Shanghai Stock Exchange Corporate Bond Listing Rules" and "Shanghai Stock Exchange Listing and Transfer Rules for Non-public Issuance of Corporate Bonds" were officially released and implemented.

The SSE market trading hours are from Monday to Friday every week.

The morning is the premarket, 9:15 to 9:25 is the collective bidding time, and 9:30 to 11:30 is the continuous bidding time.

The afternoon is the market outlook, and 13:00 to 15:00 is the continuous bidding time. The market is closed on Saturdays, Sundays and holidays announced by the Shanghai Stock Exchange.

The Shanghai Stock Exchange is a not-for-profit legal person and is directly managed by the China Securities Regulatory Commission.

Its main functions include: providing venues and facilities for securities trading; formulating business rules for stock exchanges; accepting listing applications and arranging securities listings; organizing and supervising securities transactions; supervising members and listed companies; managing and publishing market information.

Market transactions on the Shanghai Stock Exchange adopt the electronic bidding transaction method. All purchases and sales of listed securities must be submitted for public declaration and bidding through a computer host, and the host will automatically match the transaction in accordance with the principles of price priority and time priority.

In November 2009, after the Shanghai Stock Exchange upgraded its new generation trading system, the peak order processing capacity reached 80,000 transactions per second, and the system's daily bilateral transaction capacity was no less than 120 million transactions, equivalent to the daily transaction scale of 1.2 trillion yuan in a single market.