Why should I cancel an order when buying in a call auction, and why can t I cancel an order in a cal

:15---9:20 These five-minute open call auction can be entrusted to buy and sell orders, and the matching volume you see may be false, because these 5 minutes can cancel the order, and many main forces are at 9:

Cancel the order around 19:30, when you buy, you don't cancel the order, he can withdraw it, and then he sells it to you, so you must put the cancel button in your hand 2 9:20---9:

25 These five-minute open call auction can lose orders to buy and sell, but cannot cancel the order, some investors think that he has withdrawn the order and it is over, in fact, the five-minute cancellation is invalid. The entrustment you see in these five minutes is real, so if you want to grab the price limit, you must look at these five minutes, but you don't know which ** to go up and down in these five minutes, you can see it by pressing 61 and 63.

3 9:25--- 9:30 these five minutes are not called call auction time, the computer can receive buy and sell orders in these five minutes, and can also receive the cancellation of orders, these five minutes the computer does not process, if you enter the commission ** is estimated to be able to trade, then your cancellation is too late to rank behind, for the master, these five minutes for ** must be used, such as after you call auction to sell**, the funds are in 9:

25 is available, and you can buy another one at 9:26.

If you are a novice, you can first use the simulation ** to practice yourself for a period of time, I use the **treasure, which has more real functions to see the market, I hope it can help you.

**Pending orders cannot be cancelled at auction time, mainly because they are in the call auction during the time period when cancellations are not accepted.

**Auction is cancelled mainly in the following cases:

From 15 to 9:20, you can entrust or cancel orders, but it does not cause specific transactions, and can only show the ** of pending orders.

From 20 to 9:25, you can only entrust and not cancel the order, during this period, the system will be in line with the principle of "time first, ** priority" to match, and at 9:25 this moment to trade, the largest trading volume is the opening of **.

From 25 to 9:30, pending orders and cancellations are not allowed, and the order is temporarily stored in the host.

The call auction has been down for two consecutive days and then the order is canceled, and the main force is to use the chips in hand to suppress the washing, that is, to hang down and sell at the opening of the call auction.

The general situation is divided into holders who want to sell as soon as possible, and the hanging limit can basically guarantee that the transaction can be made; Bad news, everyone wants to be able to ship and make a deal.

The fall limit is a limit of 10% (or 5%) if it falls to the maximum limit, it is called a down limit.

The meaning of the opening cancellation of the auction limit includes that a ** reaches the limit price at the time of the auction, but returns to yesterday's ** price or lower than the ** price after the auction. Some of the main institutions are accustomed to the method of raising the limit during the call auction, which cannot effectively stimulate popularity or cancel the order for other reasons, which is often a signal of the reverse operation of the institution, such as a ** institution has opened a position for 3 months and collected sufficient chips. Suddenly, one day down the call auction, the opening of the limit, but after the final opening or back to the previous trading day ** near the no-far side, this kind of ** should be careful that the institutional wash is nearing the end.

There is a suspicion of a breakthrough, and on the contrary, a certain ** has passed a certain amplitude**. After the continuous yang line, it is suddenly still at a high level of call auction limit, and it returns to a normal state after the opening. Generally, you have to set a strict stop-loss or take-profit standard.

Retreat as soon as it falls below. Therefore, when there is such a call auction limit or down limit on the disk, there is often the possibility of changing the order;

The main force hangs hundreds or thousands of orders on the price limit board during the call auction, which may be the price limit. The call auction time is basically active in the main force, ** rarely participated, and their behavior of pending order cancellation at that time was to spread a message to ** or try to sell or accept the order. Call auction is not a real transaction, it is a way to match the opening price, in which the intermediary institution will have a trial behavior, such as trying support and pressure, but it does not use real money**, because it will not be traded, so the reference is not significant.

Is it illegal for market makers to manipulate stock prices?

The circumstances of order cancellation boil down to the following three situations:

The first case: chasing high, you must be higher ****, and you have no funds on hand, you need to withdraw the previous entrustment, with a better ** to chase in;

The second case: cutting meat, the stock price is adjusted very badly, you must sell at a lower order ** to make a deal, at this time you need to cancel the previous sell order;

The third case: as mentioned above, you find that you can have a better **** or sell, then cancel the previous order, and choose a better price for the order.

The definition of order cancellation means that when the merchant accepts the investor's entrustment to sell, it must sell the ** according to the investor's requirements, so this part of the ** must be locked on the same day, even if it cannot be concluded, it can only be unfrozen after the contract is automatically invalidated the next day.

If the investor wants to use the locked funds on the same day (when entrusting **, want to change ** or do not want to **) or ** (when ordering to sell, want to change the sell** or do not want to sell), he must first cancel the order through cancellation before he can use the locked funds or **. If the original order has been filled before the investor completes the cancellation, the order cannot be cancelled.

Hello, orders can be cancelled before 9:20.

There are a lot of whites who didn't know anything when they first heard about the **call auction, and even some were trapped at a high level because they blindly followed the purchase. Then I'll use some of my years of experience to learn about the collection bidding with you, and the second paragraph is all dry goods, hurry up and collect it!

Before we start to learn**Call Bidding, I'll share with you a**Artifact Gift Pack, **It doesn't matter if you're white, you can easily master it! One-stop solution to stock selection, trading and other problems, if you want to get it for free, click the link below: Nine artifacts of super practical, recommended collection.

2. What are the trading skills during the call auction time?

**There are two call auction periods, and the operation of each time period is also different

First time slot 9:15-9:20:

It can be declared and revoked at the same time, and the matching volume in this time period is not 100% real, because the ** of the transaction can be revoked within 5 minutes. In the first few minutes, if there are a lot of large orders, the **of** will go higher, when the time is close to 9:20, the big orders will be quickly canceled, and we will not have much time to follow the cancellation at this time.

Therefore, we must be vigilant and not be deceived by the main force.

A lot of friends are always slower than others to receive messages? Perhaps this ** city broadcast artifact can improve the speed at which you receive news, and you can make investment decisions before others! 【**Barometer】First-hand information broadcast of financial markets.

The second time period 9:20-9:25: It can only be declared and cannot be revoked, you can see the most real entrustment in these 5 minutes, and you must catch it if you want to grab the price limit.

If you want to grab the price limit, finding the ** is the first thing you should do. I have just received a recommendation from a special agency**, I share it with you here, it may be deleted at any time, hurry up and get it: Quick collar! Today's list of institutions is newly released!

Hello, if you are talking about whether you can cancel the order in the call auction, you can cancel the order before 9:20 and it will take effect immediately, 9:20-9:

Orders between 25 can only be effective after 9:30. If the deal is filled at the opening price or 9:

30 Deal immediately, then there is no way to withdraw.

The one that was hung before the point can be removed, and the one that was hung up after 25 points can not be Zeng Shi 1996

The call auction looks at the price limit, it is very likely that the main funds have a lot of hand buy orders, ** look at the price limit and follow the pending orders, and then the other side of the main funds quietly sells again, so that ** takes over, and the main funds escape.

The main test order, test pressure and other techniques.

If you play well, you can use the principle of leverage to help you achieve the benefits you want.

The courtyard is inscribed with the name of the courtyard. Xianfeng was not polite, and improvised against all the people and put them together.

Cancellation rules during the call auction stage.

During the opening call auction stage of the Shanghai and Shenzhen stock markets from 9:25 to 9:30 on each trading day, the trading hosts of the two exchanges will not accept order cancellation declarations.

However, at other times when the transaction declaration is accepted, the rules of the two exchanges are different. The Shanghai Stock Exchange's unfilled declaration can be revoked during the time when it accepts the transaction declaration, specifically from 9:15 to 9:15 on each trading day.

30 to 11:30

13:00 to 15:00;The Shenzhen Stock Exchange stipulates that from 14:57 to 15:00, the trading host of the Shenzhen Stock Exchange will not accept the cancellation declaration of participating in the auction transaction, and the unfilled declaration can be revoked at other times when it accepts the declaration.

There are two situations in which the call auction cannot be cancelled, the morning call auction cannot be cancelled during the five minutes from 9:20 to 9:25, and the orders seen by investors within these five minutes are real.

In **, the 3-minute call auction time in the afternoon cannot be cancelled. Principles for determining the transaction at the time of call auction**:

1. Select the price with the largest trading volume within the effective ** range.

2. The buy declaration higher than the transaction ** and the sell declaration lower than the transaction ** are all traded.

3. At least one of the buyers or sellers with the same transaction is fully concluded.

Extended Materials. Call auction refers to a one-time centralized auction method for the purchase and sale declarations received within a period of time. Taking China's bidding trading system as an example, the principle of determining the transaction at the time of call auction is:

1. Select the price with the largest trading volume within the effective ** range.

2. The buy declaration higher than the transaction ** and the sell declaration lower than the transaction ** are all traded.

3. At least one of the buyers or sellers with the same transaction is fully concluded. If two or more prices meet the above conditions, the Shanghai ** Exchange stipulates that the application with the smallest untraded volume shall be regarded as a transaction. If there are still more than two applications that meet the conditions, the middle price will be taken as the transaction.

The Shenzhen ** exchange takes the nearest price from the previous ** price as the transaction price. All transactions in the call auction are filled with the same **. The unfilled part of the call auction will automatically enter the continuous auction.

The collective pricing is sorted by the computer transaction processing system according to the principle of priority and time priority, and on this basis, a benchmark is found so that it can meet the following three conditions at the same time

1.The volume is the largest.

2.The **declaration above the benchmark** and the sell declaration below the benchmark are all satisfied (filled).

3.One of the buyers and sellers with the same benchmark ** declares that all of them are satisfied (closing).

The benchmark ** is determined as the transaction**, and the whole process of generating the transaction ** by the call auction method is completely programmed by the computer trading system, and the transaction ** generated after processing is displayed. It should be noted here that:

First, the principle of priority and time priority under the call auction method is reflected in the fact that the computer host will arrange all the ** and sell declarations from high to low, and the declaration principle under the same ** will be sorted according to the order accepted by the computer host;

Second, in the process of call auction, if more than two applications meet the above three conditions, the Shanghai ** Exchange will make the smallest untraded volume for the transaction, and if there are still more than two applications with the smallest untraded volume that meet the above conditions, the middle price shall be the transaction price. The Shenzhen Stock Exchange takes the closest ** from the previous ** price as the transaction price.

1. The order cannot be cancelled between 9:20 and 9:25 in the morning call auction.

2. In the afternoon, the 3-minute call auction time in front of Sun Yinpeng (** rules) cannot be cancelled.