A modern trading system supports SSE’s paperless trading at a highest speed of more than 8000 transactions per second. The orders are matched automatically by computer system according to the principle of “price and time priority”.
Orders can be sent to the SSE's main framework through terminals either on the floor or from member firms. The SSE owns a huge 3600-square-meter trading floor, which is the largest one in Asia-Pacific area. In addition, the largest domestic satellite and optical communication network, which can disseminate the real-time transaction information to all the country and abroad, has connected the SSE with more than 5000 trading terminals.
The trading hours of the SSE are from every Monday to Friday. The morning session is 9:15am to 9:25am being the time for centralized competitive pricing and 9:30am to 11:30am the time for consecutive bidding. The afternoon session is 13:00pm to 15:00pm being the time for consecutive bidding. The market is closed on Saturdays and Sundays and other holidays announced by the SSE.
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