Problem about Placing order.

anuradhakandy · 1 Problem about Placing order. Sat Jul 09, 2011 8:38 pm

anuradhakandy

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Lets say I place a order at pre order time for 10 Rs. and that share's Openning price is let say 14. If the case is so at what price my order is executed?. Is it 10 or 14, or any other price in between them?.
I dont really know this.
Help me please.
thanks.

twimalasuriya · 2 Re: Problem about Placing order. Sat Jul 09, 2011 9:01 pm

twimalasuriya

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http://www.cse.lk/static/WebATSrules.htm has the ATS rules

Please Refer to sections

Section 04 - Open Auction - http://www.cse.lk/270808/pdf/web_ats_rules/ats_rules_and_regulations_section_04_open_auction.pdf

Section 05 - Regular Trading - http://www.cse.lk/270808/pdf/web_ats_rules/ats_rules_and_regulations_section_05_regular_trading.pdf

sanjeewa88 · 3 Re: Problem about Placing order. Sat Jul 09, 2011 9:05 pm

sanjeewa88

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anuradhakandy wrote:Lets say I place a order at pre order time for 10 Rs. and that share's Openning price is let say 14. If the case is so at what price my order is executed?. Is it 10 or 14, or any other price in between them?.
I dont really know this.
Help me please.
thanks.

@ 10/=, if there is buying or selling order at that price

CHASE · 4 Re: Problem about Placing order. Sat Jul 09, 2011 9:17 pm

CHASE

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sanjeewa88 wrote:

anuradhakandy wrote:Lets say I place a order at pre order time for 10 Rs. and that share's Openning price is let say 14. If the case is so at what price my order is executed?. Is it 10 or 14, or any other price in between them?.
I dont really know this.
Help me please.
thanks.

@ 10/=, if there is buying or selling order at that price

@ 14 according to my experience. Try & check if you are not sure.
when the bid price is 10 & Sale order is @ 14
if you put a sales order at 9.00 it'll get sold at 10.00
if you put a bis at 15 to buy, you'll get the first qty at 14 at the price of 15

mcyi9rt4 · 5 Re: Problem about Placing order. Sun Jul 10, 2011 6:38 am

mcyi9rt4

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i was also thinkin tat i get the stock at 10 am i wrong

Aamiable · 6 Re: Problem about Placing order. Sun Jul 10, 2011 7:18 am

Aamiable

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Generally investors queue orders overnight,…. order placed at overnight for 100 shares @ 318 appear in the morning and if there is a seller @ 329 order remains @ 318 until a seller comes down to 318…. If there are buyers at 329 and above day order for 318 expires at 2.30 pm. .
Morning at 10 am ……generally investors place an order strait away ( do not queue ) at a reasonable levels ( say 325..to see whether the sellers come down if they do dot come down ….ultimately need to amend to 329 and buy that stock…or else have to forget it all together. Unlike last month in June .. there is no evidence of force selling… sellers generally do not come down these days. It was very much easier to buy in June. .... Sellers set higher prices now.

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