Securities Market
At the current stage of development the main goal of the exchange is to establish a liquid securities market on base of a powerful and reliable trading platform that minimizes the transactions risks and enables DMA. For this purpose we use state-of-the-art technologies proved to be failure-resistant during many years of extreme load.
The main principles of the market:
- Anonymous order-driven trading with T+0 settlement and 100% pre-funding of money/securities;
- Flexible settlement cycle of negotiated trades;
- DVP in hryvnias as the only and mandatory settlement technique.
In the trade execution we use electronic document interchange, which save the market participants the necessity to exchange paper documents – a purchase-and-sale agreement is signed between the trading members electronically at the same moment when the trading system matches two orders. The low-cost operations allow brokers to offer the execution fees adequate even for trades as small as 200 hryvnias.
Orders are submitted to the exchange both from the exchange member’s Trading Workstation and from DMA front-ends connected through API Gateway.
Opportunity to trade via DMA systems saves not only the expenses for submitting paper orders to a broker, but, more importantly, also the time needed to react to the changes of the market.
Ultimate DMA-traders receive the market data in full depth, just like an exchange members.
Algorithmic trading is enabled both for market participants and their clients.
Schedule of trading on the stock market (order-driven market, quote-driven market)
| 10:00 am |
Pre-trading period opens
You can submit orders and enter quotes, withdraw assets and execute trades with deferred settlement. |
| 10:30 am |
Trading session opens
Trades can be executed during the auction and by clicking a quote |
| 5:30 pm |
Trading session closes
Trades can no longer be executed during the auction and by clicking a quote
You can withdraw assets and execute trades with deferred settlement |
| 5:45 pm |
End of trading day |
Schedule of trading on the derivatives market
| 10:30 am |
Trading session opens |
| 1:00 pm |
Intraday clearing session |
| 5:30 pm |
End of trading session / evening clearing session starts |
Please, note that this trading schedule applies to all trading days (including Fridays and days before public holidays).
Please see national holidays at Trading Calendar.
