Trading Phases
Trading sessions at the Belgrade Stock Exchange are organized every working day, from Monday to Friday, according to the following schedule:
| Regulated Market and MTP Belex | |
|---|---|
| 1. On the Regulated Market and MTP Belex segment, trading in shares shall be organized by the continuous trading method with the following duration of regular and special trading phases within the applied fluctuation zone model representing a combination of the AZF and SZF: | |
| REGULAR PHASES | |
| o 9:00 – random end: between 9:28 and 9:30 | preopen phase, with sub-phases: |
| 9:00 – 9:25 | order entry |
| 9:25 – random end: between 9:28 and 9:30 | random period |
| o random: between 9:28 and 9:30 | opening |
| o random start: between 9:28 and 9:30 – 14:00 | continuous trading |
| o 14:00 | closing |
| SPECIAL PHASES | |
| o 8 minutes | intraday (order entry) |
| 2. On the Regulated Market and MTP Belex segment, trading in debt securities and other financial instruments shall be organized by the continuous trading method, with the following duration of regular phases within the applied fluctuation zone model containing only AZF: | |
| REGULAR PHASES | |
| o 9:00 – random end: between 9:28 and 9:30 | preopen phase, with sub-phases: |
| 9:00 – 9:25 | order entry |
| 9:25 – random end: between 9:28 and 9:30 | random period |
| o random: between 9:28 and 9:30 | opening |
| o random start: between 9:28 and 9:30 – 14:00 | continuous trading |
| o 14:00 | closing |
Download: The decision on the phase duration within a particular trading method
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