SIBE is owned equally by the four Spanish Exchanges. 08.30-09.00 Orders can be entered, modified, and deleted. No trades occur. Please note the auction has a 30 second random end, then continuous trading starts. Orders can be entered, modified, and deleted.
Trades continuously occur as orders match.
17.35 Orders can be entered, modified, and deleted. Trades occur at the end of the auction period. The auction has a 30 second random end period. Trading is resumed following a meeting by a market surveillance committee that will set a new range for the stock based on the price which triggered the trading halt. However, this process is scheduled to be replaced in September by the volatility interruption process agreed in the European Harmonisation model.