Trading Sessions
The Exchange is open for continuous trading from Monday to Friday from 9.30 a.m. to 2.30 p.m.
Secondary trading of corporate and government debt securities through the DEX takes place from 9.30a.m. to 12.30p.m.
The trading sessions for equity as follows:
| Market Phase | Time | Days |
| Pre-open | 9:00 - 9:30 | Monday - Friday (Except Public Holidays) |
| Open Auction | 9:30 | |
| Normal Trading | 9:30 - 14:30 | |
| Closing | 14:30 |
- Pre- Open
During pre-open (9.00 am to 9.30 am) the system accepts orders. These orders can be amended and cancelled during pre-open. However, no trades take place during this stage. Orders during this period are held in the ATS and will be forwarded to the execution engine at Open Auction time. - Open Auction
During open-auction (09.30 am), the system temporarily closes the order book and starts matching orders. It establishes the opening price and determines the orders to be executed according to the rules for the open-auction period (Automated Trading Rule 4). - Regular Trading
During regular trading (09.30 am to 2.30 pm) new orders are continually matched to existing orders in the order book. If an order cannot be executed, it is stored in the order book. - Market Close
Market closes at 2.30 pm. - Market Halt
In the event the Milanka Price Index (MPI) (or the index that may replace the MPI in the future) drops 5% within the day from the previous market day's close, a "Market Halt" be imposed on all equity securities for a period of 30 minutes. This is effective from 2nd January 2009. Market wide index based circuit breakers are imposed by stock exchanges to halt trading of equity securities in order to provide a "cooling off" period when there is an unusual movement in the index.
Broker Firms may cancel any pending orders during the "Market Halt". However Broker Firms cannot enter new orders or amend pending orders during the "Market Halt".
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