An at-auction limit order is an order with a specified price. An at-auction limit order with a specified price at or more competitive than the final IEP (in case of buying, the specified price is equal to or higher than the final IEP, or in case of selling, the specified price is equal to or lower than the final IEP) may be matched at the final IEP. Any unfilled at-auction limit orders will be converted into limit orders and carried forward to the Continuous Trading Session provided that the specified price of that at-auction limit order does not deviate 9 times or more from the nominal price.
The order input period for At-Auction Limit orders is 9:30 a.m. - 9:45a.m.
Any At-Auction Limit order input during pre-order matching period (9:45a.m. - 9:50a.m.), order matching period (9:50a.m. - 9:58a.m.) and blocking period (9:58a.m. - 10:00a.m.) will be subject to rejection. |