How Does A Stock Deal? How Does A Stock Deal? How Does It Match The Stock?

How does a stock deal? How does a stock deal? How does it match the stock?

At present, both Shanghai and Shenzhen stock exchanges have collective auction and continuous bidding.

9:15--9:25 is the aggregate auction time, and the rest paction time is continuous auction time.

During the period of collective bidding, the automatic matching system of the stock exchange is only stored but not matched. When the declared bidding time is over, the matching system will produce the opening price of the stock on the basis of the principle of collective bidding.

The first day of the listing of Shanghai and Shenzhen new shares is not subject to a 10% increase or decrease. However, when the Shenzhen stock exchange is listed on the same day, the bidding price can not exceed the upper and lower 15 yuan of the new issue price. Otherwise, the bidding will be invalid in the collective auction, and only participate in the subsequent continuous bidding.

After the end of the auction, it will enter the continuous auction time, that is, 9:30-11:30 and 13:00--15:00.

In addition, the closing price of Shenzhen stock is not the last paction price of the stock, but the last minute turnover of the stock is divided by volume.

After accepting the entrustment of investors' trading, securities institutions should pmit information to the host of exchange immediately and declare their bidding in public.

When the stock is declared to be competitive, it can be carried out by collective auction or continuous auction according to the relevant regulations. The exchange machine will automatically match the paction according to the principle of "price first and time first".

At present, both Shanghai and Shenzhen stock exchanges have collective auction and continuous bidding.

9:15--9:25 is the aggregate auction time, and the rest paction time is continuous auction time.

During the period of collective bidding, the automatic matching system of the stock exchange is only stored but not matched. When the declared bidding time is over, the matching system will produce the opening price of the stock on the basis of the principle of collective bidding.

The first day of the listing of Shanghai and Shenzhen new shares is not subject to a 10% increase or decrease. However, when the Shenzhen stock exchange is listed on the same day, the bidding price can not exceed the upper and lower 15 yuan of the new issue price. Otherwise, the bidding will be invalid in the collective auction, and only participate in the subsequent continuous bidding.

After the end of the auction, it will enter the continuous auction time, that is, 9:30-11:30 and 13:00--15:00.

After buying and selling instructions of investors entering the exchange host, the matching system will be automatically matched according to the principle of "price first and time first".

When making a deal, the principle of determining the price of a stock paction is: the price range must be within 10% of the closing price of yesterday's closing price; the highest price for buying a declaration is the same as that for the highest selling price; if the declared price of the buyer is high (low), the average price declared by the two parties shall be used when the declared price of the selling party.

The exchange host will match the paction, and the host will immediately return the paction information to the brokerage office for investors to inquire about.

If the paction is not done or partially completed, the investor has the right to withdraw his entrustment or continue to wait for the paction. The general entrustment is valid for one day.

In addition, the closing price of Shenzhen stock is not the last paction price of the stock, but the last minute turnover of the stock is divided by volume.