1. Trading:
Pre-opening Session (POS):
A period before the main trading session where market participants can place orders and the exchange compiles order books.
Orion Central Gateway – Securities Market (OCG-C):
A technology infrastructure that facilitates trading and order routing within the exchange.
Trading Sessions:
The main periods during which orders are executed and prices are determined.
Closing Auction Session (CAS):
A session at the end of the trading day where remaining orders are matched and the closing price is set.
Volatility Control Mechanism (VCM):
Measures implemented to manage market volatility, such as circuit breakers or trading halts, to prevent excessive price fluctuations.
Self-Match Prevention (SMP):
Mechanisms to prevent brokers from intentionally matching their own buy and sell orders to manipulate prices.