alt Hacker NewsDo you mean traders set up buy or sell orders and they get matched when market opens? That's... Just how markets work normally?
Do you mean traders set up buy or sell orders and they get matched when market opens? That's... Just how markets work normally?
Yes 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.