Session Timings
Session Timings

Special Pre-open session shall comprise of two sessions viz.
  • Order Entry period.
  • Order Matching period.

    After order matching period there are buffer period to facilitate transition between preopen and continuous session
Order Entry Period

  • The order entry period is defined as the timing of Special preopen session. 9.45* minutes shall be provided for order entry, modification and cancellation. (* - System driven random stoppage between 9.44th and 9.45th minute)
  • Only Limit order will be allowed.
  • Dissemination of indicative equilibrium price, indicative match-able quantity & indicative index values.

Order Matching Period

  • Order matching period will start immediately after completion of order entry period.
       • No Order Addition/Modification/Cancellation shall be allowed.
  • Opening price determination and trade confirmation.
  • The continuous trading session for the set of Securities participating in the special pre-open session will immediately commence after the new pre-open session ends and subject to certain conditions after price discovery. The two sessions, continuous and the special pre-open will not run concurrently for the above-mentioned set of Securities.
  • In case of Relisted Securities, system will schedule another round of special pre-open session if equilibrium price is not discovered.