Continuous Trading: Entry and Execution of Quotes and Orders
Orders and quotes received during continuous trading are immediately entered in the order book
and executed where possible. Based on orders executed, the Exchange system calculates a reference price
and displays this to participants.
Duration of continuous trading
Continuous trading runs from the
opening to the
close of trading in
the particular segment. As a rule, there are no breaks in continuous trading, except in
Off-order book orders
During continuous trading, participants may also report off-order book orders, but in doing so they
must comply with the duty to trade on the Exchange in accordance with the
Rule Book[pdf] and
Directive 3: Trading[pdf].