Orders entered after 9.00am and 2.30pm will be on a first come, first served basis. All orders must be entered within a certain price range, called the upper limit price and lower limit price. Similar to the quantity limit per order, each stockbroking company can narrow the range of the upper and lower limits. An order can be cancelled or reduced if it has not been fully executed, i.e. cancellation or reduction can be made only to the unexecuted quantity of the order. Matching Priority Matching of orders is by price preference and time preference.
Market orders have priority over limit orders.
For limit orders, preference is given to the highest buy orders and lowest sell orders. The KLSE reserves the right to set the interval between one second and 99 seconds and each stock may have different matching intervals from the other. The KLSE uses the call market system to determine the matching price. The match price at which the most number of shares can be executed. Where there is more than one price at which the most number of shares can be executed, the price closest to the last traded price shall be the matching price.