Examples of Closing Call in a sentence
They can be specified as market priced or limit priced orders.Pegged orderPegged orders allow to price orders relative to the current market price for a security.Post-Trading SessionThe period during the Trading Session after the Trading hours, where orders can be cancelled and in some markets order updates with no trade impact can be conducted.Pre-CloseOrder Book state in the first phase of Closing Call, preceding the Uncross, when Order Management is allowed.
During Closing Call Auction, the current bid (or last traded price in the absence of the current bid) will be used for checking.
The Exchange may delay the closing of a Closing Call Eligible Security in NEO-L if, during the Closing Call, the CCP for the security exceeds the price band parameters, if set.
At the end of the Continuous Trading Session, all orders entered in NEO-L that are ineligible for participation in the Closing Call will expire; any remaining orders are eligible to participate in the Closing Call.
All previously entered Closing Call eligible orders entered during the pre-closing session are then inserted into NEO-L to participate in the Closing Call.
Limit Orders that are not completely filled in the Closing Call, that are not set as Good till Close orders, will remain at the original limit price.
All orders entered into the Closing Call after the end of the Continuous Trading Session are visible.
New orders can also be entered to participate in the Closing Call.
At a defined time interval specified by Notice to Members, where the CCP for the security no longer exceeds the price band parameters, the Closing Call will attempt to complete at the CCP.
Until the end of the Closing Call, any previously entered LOC and MOC orders may be amended or cancelled; new MOC and LOC orders may also be entered, amended or cancelled.