Duration of Trade: 09:45 AM to 2:30 PM
In-house trading means direct involvement of the clients in pre-opening and continuous trading sessions at our offices. Our existing clients can participate directly in their trading with our skilled trade officers, operates trading work station, within trading period located 3 different areas in the City. Purchase/sale orders submission, modification, deletion, withdrawal and confirmation of the transaction and overall online capital market observation can be done on the screen in the presence and consent of the customer. Please click hereat www.mirrorfml.com to contact our trading houses to get in-house trade facilities located in different areas in the country.
Trading Sessions are conducted in 03 (three)Phases:
Market | Pre-open and Opening Session | Continuous Trading Session | Closing & post-closing (Trade at Close Price) session |
1. Public 2. Spot 3. Debt | 9.45 am to 10:00 am | 10.00 am to 2:30 pm | 2.30 pm to 2:45 pm |
4.Block | Not Applicable | 10.00 am to 2:30 pm | Not Applicable |
Opening Price Algorithm for call auction mechanism.
Closing and Post-closing session:
The closing price for a security shall be determined as per the weighted average price of all the trades in the last 30 (thirty) minutes before the closing session. If there is no trade during the above specified time, the weighted average price of maximum 20 (twenty) number of trades preceding the above 30 (thirty) minutes shall be taken for determination of closing price. If there has been no trade in the security during the continuous trading session the opening price of the security shall be treated as the closing price.