No trades occur until orders are matched at 09.00. Continuous Trading 09.00-17.20 Trades can be entered, modified, and deleted. Trades occur as orders match Closing Auctions 17.20 Orders entered for the closing auction before the designated times for the stock are executed in the closing auction at 17.30. There is no opening auction. Trades can be entered, modified, and deleted.
Trades occur as order match.
There is no closing auction. The value of a hidden order must amount to a minimum of CHF 3 million for SMI shares, a minimum of CHF 1 million in non-SMI shares.