Buy or Sell Transaction

hasarel · 1 Buy or Sell Transaction Wed Dec 05, 2012 11:32 pm

hasarel

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DEAR SIR,

Please help me for my following question.

Let's say A company call "x" selling their shares @ RS100.00

For the above shares, bid three buyers @ 100 only,

name A, B, C

So who will get the first chance to buy the shares form this company in the market, I mean how this sequence work in the market for buy or sell as first,second etc.?????

sriranga · 2 Re: Buy or Sell Transaction Thu Dec 06, 2012 1:42 am

sriranga

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If I understood your question properly may be the following link will help,
http://www.cse.lk/pdf/ATS-RULES.pdf

Especially Chapter 2.

K.Haputantri · 3 Re: Buy or Sell Transaction Thu Dec 06, 2012 7:50 am

K.Haputantri

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As I understand the CSE system, it all depends on the exact time the order is placed. First order executed first. Its a software driven system which cannot go wrong.

niru · 4 Re: Buy or Sell Transaction Thu Dec 06, 2012 8:34 am

niru

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hasarel wrote:DEAR SIR,

Please help me for my following question.

Let's say A company call "x" selling their shares @ RS100.00

For the above shares, bid three buyers @ 100 only,

name A, B, C

So who will get the first chance to buy the shares form this company in the market, I mean how this sequence work in the market for buy or sell as first,second etc.?????

A Buy and A Sell make A single TRADE in the system. i.e, This is not two transactions in the trades history as buy and sell, ony one trade.
Hope I understood your question.