Connectivity opens for trading and drop copy sessions to login.

Security definition messages are published pre-market on the live feed at around 05:05. Note that this message may be sent during the day if a change or correction is necessary for a particular security. Apart from security definition messages, only heartbeats are published outside of trading hours. Heartbeats are published every 1 second.

In addition to the real-time feed, an order book snapshot is published at fixed intervals (10 seconds) on a separate feed, providing the full book depth of each traded security.

To allow recipients to recover specific messages that may have been missed from the real-time feed.

Large in Scale (LS), Negotiated Benchmark Cross (NC) and Matched Principal (MP) trades can be sent during this period.

On “Early Closure Days” this period will close at 13:00

Limit orders with a “Time in Force” flag of “Good for Day”, “Good Till Date”*, “Fill or Kill” or “Immediate or Cancel”.

On “Early Closure Days” this period will close at 11:50
*Note, Good Till Date orders must have an expiry within the current trading day.

The auction process is triggered when a valid order AoD is entered into the book which can successfully match with an existing resting AoD order. At this point the lit auction process begins and lasts for 500ms +~50ms.

Please note that this auction happens alongside the main orderbook and does not impact continuous trading for the affected security.

On “Early Closure Days” this period will close at 11:50
~50ms indicates a randomized delay of up to 50ms

MaC orders can be placed from 09:00 up until 16:57:30 +~30s at which point the MaC lock occurs.

On “Early Closure Days” this period will close at 11:57 +~30s