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Do you mean traders set up buy or sell orders and they get matched when market opens? That's... Just how markets work normally?
by curtisblaine 3mo ago
Do you mean traders set up buy or sell orders and they get matched when market opens? That's... Just how markets work normally?
- atomicnumber3 3mo agoYes and no. There's a distinct auction that runs and it is a distinct event and has its own rules. Eg 5 mins (idr exactly, it's been 6 years for me) before the opening cross you can no longer cancel auction orders, post-only. At the open, they run an opening match of all the auction orders, THEN normal trading begins.