Trading on the Progress Market takes place according to the following schedule:
Continous Trading
All securities except less liquid stocks and structured products are traded in trading procedure "Continuous Trading".
| Session | Duration |
|---|---|
| Pre-Trading | 08:00 - 09:00 |
| Main-Trading: | |
|
Opening Auction
|
09:00 - 09:301 |
|
Continuous Trading
|
09:302 - 12:00 |
|
Intraday Auction
|
12:00 - 12:101 |
|
Continuous Trading
|
12:102 - 15:55 |
|
Closing Auction
|
15:00 - 16:001 |
|
Trade-at-Close
|
16:003 - 16:10 |
| Post-Trading | 16:10 - 16:25 |
Low Liquidity Trading
| Session | Duration |
|---|---|
| Pre-Trading | 08:00 - 09:00 |
| Main-Trading: | |
|
Opening Auction
|
09:00 - 11:001 |
|
Continuous Trading
|
11:002 - 12:00 |
|
Intraday Auction
|
12:00 - 14:001 |
|
Continuous Trading
|
14:002 - 15:00 |
|
Closing Auction
|
15:00 - 16:001 |
|
Trade-at-Close
|
16:003 - 16:10 |
| Post-Trading | 16:10 - 16:25 |
Continuous Auction
The "Continuous Auction" trading procedure is intended for structured products.
| Session | Duration |
|---|---|
| Pre-Trading | 08:00 - 09:00 |
| Main-Trading | 09:00 - 16:00 |
| Post-Trading | 16:00 - 16:25 |
1. earliest end (the opening auction and closing auction end with variable end which may take 15 seconds at most. Variable end is determined randomly for each instrument).
2. earliest start
3. earliest start. Trade-at-Close is initiated only for financial instruments that were traded during the Closing Auction, and if the Volatility Interruption, where applicable, has concluded by 16:10.
