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What is the closing auction trading period?
The closing bid allows transactions to be executed at the closing price, and the buy and sell orders during the closing bid stage will reach a consensus closing price and be executed at this closing price.
The closing auction trading period is divided into four stages from 16:00-16:10: reference price pricing period (1 minute), input buy and sell order period (5 minutes), non cancelable period (2 minutes), and random closing period (2 minutes). The specific time and operation are as follows:
The closing auction trading period is divided into four stages from 16:00-16:10: reference price pricing period (1 minute), input buy and sell order period (5 minutes), non cancelable period (2 minutes), and random closing period (2 minutes). The specific time and operation are as follows:
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