Duration of Trade: 09:45 AM to 2:30 PM
• Collect an Online Trading Registration Form from any of our offices or download from our www.mirrorfml.com. Duly fill it up and send any of our offices to get a password or Registration and get password through your e-mail address.
• If you are not an account holder of Mirror Financial Management Limited; at first you have to open an account with us and please do the same as above.
• For getting this online trading service, investors have to fill up the registration form correctly.
• Within 2 working days after submitting the application form, Mirror Financial Management Limited will inform the customer of his/her ID & Password through the mail.
• Users can access his/her Online Trading account from anywhere globally.
General Information for Online Trading:
There are three versions:
• DSE-Mobile VIP: From this version user can view their related notifications; portfolio; Favorites; Indices; Alters; Available Fund; Security Charts with advanced charting; intra-day, intra-month and intra-year high-low price; Order status and executions. Users can set price alerts for specific securities. This is a non-trade version.
• DSE-Mobile Trader: This one has all the features of DSE-Mobile VIP and in addition it allows investors to place limit orders with fixed price and quantity. This is a trade version.
• DSE-Investor: This is a desktop version with all features of DSE-Mobile Trader.
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.