HOSE Guides Afternoon Stock Trading Session

Orders that are not matched or are canceled in the morning will be transferred to the afternoon phase for continuous trading while the trading band will be applied during the session. HOSE will keep reference price calculation, order revision and cancellation unchanged.

Meanwhile, during the break between the morning and afternoon sessions, securities firms are not allowed to place new orders, and revise or cancel matching orders. The brokers will also not place or cancel advertisements of put-through transactions as well as carry out or cancel put-through deals.

According to HOSE, the afternoon session will help local markets go in line with international trading standards as most stock exchanges worldwide operate all day. It will also help investors follow information of local and international markets to make better investment decisions.

Besides, the starting time at 9:00 a.m. is similar to regional markets like those of Thailand and Japan. The market will close at 2:15 p.m., ensuring a clearing process after transactions. This also aims to fix problems of time zone difference and facilitate investors’ transactions.

HOSE expects a longer trading time will help improve liquidity.