The ASX day, from pre-open to the closing auction
Name each phase of the ASX trading day and what your order does in each.
Module 4 of 26, Market hours, sessions and auctions. Lesson 1 of 6, about 16 minutes.
The takeaway
Orders placed before the opening auction wait in the queue. Know the phase the market is in, or your market order will fill at a price and time you did not expect.
This page is a public summary. The full lesson has the worked examples, an interactive exercise and a short quiz, and sits in the course. Lessons 1 and 2 of Module 1 are free and the rest need a pass.
Open this lesson in the course
General information only. It doesn't consider your objectives, finances or needs. Tickfloor holds no financial services licence and never places trades.