Introduction
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When does trading take place on the markets?
When does trading take place on the markets?
- Orders are automatically processed immediately following acceptance.
- Orders placed electronically for continuous trading are placed on the market following successful validation in a matter of moments or perhaps a matter of a few minutes.
- The following periods for accepting orders are the times where we can guarantee that your placed orders, which have been successfully validations, will be sold on the market before the close of the period. However, if you place an order a few minutes before the close of the market, in most cases these will be entered on time.
Market (segment) | Type of stock | Limit for electronic orders | Limit for other orders | Decisive moment |
PSE- SPAD | ||||
closing phase 17:15 - 20:00 | closing | 19:40 | 18:00 | 20:00** |
closing phase 08:00 - 09:15 | closing | 08:55 | 08:35 | 09:15 |
opening phase 09:15 - 16:20 | closing | 16:00 | 15:40 | 16:20 |
PSE - automatic trades | ||||
auction mode - closing phase 08:00 - 09:10 | closing | 08:50 | 08:30 | 09:10 |
continuous 09:10 - 16:20 | opening | 08:50 | 08:30 | 09:10 |
continuous 09:10 - 16:20 | closing | 16:00 | 15:40 | 16:20 |
final auction 16:20 - 16:27 | closing | 16:00 | 15:40 | 16:25 or 16:27 |
RMS | ||||
continuous auction 09:00 - 17:00 | opening | 08:40 | 08:20 | 09:00 |
continuous auction 09:00 - 17:00 | closing | 16:40 | 16:20 | 17:00 |
USA*** | ||||
continuous trading 15:30 - 22:00 | opening | 15:10 | 14:50 | 15:30 |
continuous trading 15:30 - 22:00 | closing | 21:40 | 21:20 | 22:00 |
Germany (Xetra) | ||||
continuous trading 09:00 - 17:30 | opening | 08:40 | 08:20 | 09:00 |
continuous trading 09:00 - 17:30 | closing | 17:10 | 16:50 | 17:30 |
Poland (WSE) | ||||
continuous trading 09:00 - 17:30 | opening | 08:40 | 08:20 | 09:00 |
continuous trading 09:00 - 17:30 | closing | 17:10 | 16:50 | 17:30 |
Hungary (BÉT) | ||||
continuous trading 09:00 - 16:30 | opening | 08:40 | 08:20 | 09:00 |
continuous trading 09:00 - 16:30 | closing | 16:10 | 15:50 | 16:30 |
Centrální depozitář cenných papírů, a.s. (CDCP) | ||||
Transfer of investment instrument to other depository | closing | 14:40 | 14:20 | 15:00 |
Other services | closing | 15:40 | 15:20 | 16:00 |
Cash -withdrawal | ||||
Non-cash transfer from available balance on trading account to be transferred on D-day must be notified to a branch in person or over the phone on D-day by 10:30 at the latest. |
* Upon client request.
** Upon prior agreement.
*** Central European Time (CET) (table does not include changes for daylight savings).
Fio o.c.p., a.s. neručí za prípadné oneskorenia, ktoré budú spôsobené chybou jedného z trhov, technickými problémami v komunikácií s nimi či chybou vo formulácií pokynu zo strany klienta.
Tento Harmonogram prijímania pokynov ruší všetky predchádzajúce a je platný od 01.01.2011.
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