Knowledge

Session Schedule

Continuous Trading - Cash Market

8:30 – 9:00  pre-opening phase
9:00 opening
9:00 – 17:00  continuous trading phase

Single Price Trading with a single determination of the uniform price.

a) Schedule on a trading day with the determination of the uniform price.

8:30 –11:00 pre-opening phase
11:00 opening phase (determining the uniform price)
11:00 –13:00 auction phase
13:00 –17:05 pre-opening phase

The uniform price is determined every Wednesday of the week, provided that it is a trading day.

If the given Wednesday is not a trading day, the uniform price determination in this system occurs on the next trading day of the same calendar week.

If there is no such trading day in that calendar week, the uniform price determination in this system does not take place.

b) Schedule on trading days without the determination of the uniform price (with the possibility of submitting, modifying, and canceling brokerage orders, but without the possibility of executing exchange transactions).

8:30 –17:05 pre-opening phase

Single Price Trading with a double determination of the uniform price.

8:30 – 11:00 pre-opening phase, determining the uniform price
11:00 opening
11:00 – 11:30 auction, trading only at the price of the last transaction
11:30 – 15:00 pre-opening phase, determining the uniform price
15:00 opening
15:00 – 15:30 auction, trading only at the price of the last transaction
15:30 – 17:05 pre-opening phase

Continuous Trading - Derivatives Market (excluding WIBOR contracts and bond contracts)

8:30 – 8:45  pre-opening phase
8:45 opening
8:45 – 16:50 continuous trading phase
16:50 – 17:00 pre-closing phase
17:00 closing
17:00 – 17:05 auction

Continuous Trading - Derivatives Market (WIBOR contracts and government bond contracts)

8:30 – 9:00  pre-opening phase
9:00 opening
9:00 – 17:00  continuous trading phase