What are the trading rules of the NSE

What are the NSE trading rules_What are the NSE trading rules

The stock market, each exchange has its own trading rules, recently, the Securities and Exchange Commission, the NSE issued a number of important rules and regulations on the NSE, including the NSE trading rules, the following is a small compilation of what the NSE trading rules, only for reference, I hope to be able to help you.

What are the trading rules of the NSE

1. The implementation of continuous bidding transactions, up and down limit of 30%.

2. There is no limit for the first day of listing of new stocks, and the first rise or fall reaches or exceeds 30%, 60% temporary suspension of trading for 10 minutes.

3. Bidding transactions should not be less than 100 shares of a single declaration, each declaration can be 1 share increments, sell shares when the balance of less than 100 shares should be a one-time declaration of the part of the sale, the continuous bidding stage to set the benchmark price of ± 5% (or 10 smallest price changes) of the declaration of the range of valid prices.

4. Block trade for a single declaration of not less than 100,000 shares, or transaction amount of not less than 1 million yuan.

5. The last three trading days with transactions within the closing price rose or fell within the deviation value of the cumulative total of ± 40% for abnormal fluctuations.

6. The day's closing price rose or fell ± 20%, the price amplitude of 30%, the turnover rate of 20% of the first five stocks on the LHQ.

Additionally, the regulations on investor participation in trading on the NSE are as follows:

Individual investors participating in the subscription of new shares and secondary market trading on the NSE market are only required to meet two conditions:

1. The assets in the securities account and the fund account in the 20 trading days prior to the opening of the application for the privilege are not less than RMB 500,000 on average per day.

2. Participation in securities trading for more than 24 months.

Investors need to sign a risk disclosure letter to open an account on the NSE, and investors who have opened trading privileges on the select layer before the opening of the NSE will have their trading privileges automatically leveled to the NSE, and the scope of trading privileges will be automatically expanded to the innovative layer of stocks without the need for investors to apply for a separate application, but investors need to pay attention to the fact that the basic layer of the capital access threshold is still 2 million yuan. There is also the fact that investors should deposit subscription funds into their accounts before making new subscriptions on the NSE to avoid payment failures.

The NSE opening time is not far away, many investors are ready to invest in NSE stocks, but still want to remind investors: the stock market is risky, investment need to be careful.

What are the trading rules of the NSE

1 NSE stocks listed on the first day of the first day of no limit, new shares listed on the next day of the up and down limit of 30%. Give the market sufficient price game space to protect the efficiency of price discovery.

2 NSE set up a suspension mechanism, the first day of listing no limit of up and down, the implementation of temporary suspension mechanism. Supporting individual stocks temporary suspension mechanism is mainly to avoid rapid irrational fluctuations in stock prices bring market panic and blind trading, giving the market a certain period of calm.

3Customers who have already opened NSS Select Layer privileges are automatically upgraded to have NSE accounts and trading privileges without having to operate.

4The number of shares declared in a single transaction is not less than 100,000 shares or the transaction amount is not less than 1 million yuan, can be traded in bulk. The minimum number of shares to be declared for purchase and sale is 100, and each declaration can be made in increments of 1 share.

5 During the continuous bidding period, a 5% range of declared valid prices above and below the base price is set for limit declarations, and limit price protection measures are taken for market price declarations.

The NSE has adopted these trading rules to ensure that the stability and continuity of market transactions, while not increasing the burden on the market, and not change the trading habits of investors. Among them, when the intraday trading price than the opening price for the first time up or down to or more than 30%, 60%, intraday temporary suspension of 10 minutes, resumption of collective bidding.

North Stock Exchange stock trading methods what

North Stock Exchange shares can take the bidding transactions, block trading, agreement transfer and other trading methods. Among them, the relevant provisions of the bidding and block trading in the "trading rules" to be clear; agreement to transfer the specific requirements of the North Exchange separately. Taking into account the market liquidity and public funds and other institutional investors trading needs, for the future introduction of hybrid trading and after-hours fixed price trading to reserve system space.

NEXT Trading Rules

NEXT Trading Rules as a whole continue the selected layer of continuous bidding as the core of the trading system, up and down limits, reporting rules, price stabilization mechanism, and other major provisions remain unchanged, do not change the investor's trading habits, do not increase the burden on the market, reflecting the characteristics of small and medium-sized enterprise stock trading, to ensure that the stability of the market trading and continuity. Compared with the selected layer trading system, the NSE "Trading Rules" only made the release of the main body, style and other adaptive adjustments, no change in content.

Rise and fall limit and declare the effective price range

Taking into account the valuation characteristics of small and medium-sized enterprise stocks, in order to effectively promote price discovery, the NSE bidding trading rise and fall limit ratio of ± 30% of the previous closing price, the first day of listing does not set up a rise and fall limit. In addition, in order to promote intraday price convergence, enhance price continuity, continuous bidding stage set the benchmark price ± 5% (or 10 minimum price change unit) of the declared effective price range.

Rules for bidding transactions

NSE bidding transactions should be no less than 100 shares of a single declaration, each declaration can be 1 share in increments, sell shares when the balance of less than 100 shares should be a one-time declaration of the part of the sale. The types of declarations for bidding transactions are limit declarations and market price declarations. Market price declarations include the optimal local declaration, the optimal counterparty declaration, the optimal 5-step instant transaction remaining cancellation declaration, and the optimal 5-step instant transaction remaining to limit declaration. The market price declaration is only applicable to the continuous bidding period of the stock with price increase and decrease limits, and at the same time, the market price declaration implements the price limit protection measures.