Monday, November 15, 2010

15-MIN CALL-AUCTION WINDOW

NSE and BSE have introduced a special call auction window to enable market to determine opening rates of major securities in a systematic manner

  • Call-auction session for Sensex & Nifty shares to last 15 mins from 9-9.15 am
  • Orders for this session not executed directly, but will go to a common pool
  • Price for maximum orders matched to be the equilibrium price for each share.
  • Orders priced other than at equilibrium will be shifted to the normal segment.

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