- No : 18177
- Updated Date : 2024/11/11 09:00
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[arrowhead4.0] Is it possible to confirm which newly listed issues are subject to the market order prohibition from the FLEX information?
[Others]-[Newly Listed Issues] Is it possible to confirm which newly listed issues are subject to the market order prohibition from the FLEX information?
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Answer
It is not possible to directly confirm which issues are subject to the market order prohibition from the FLEX information, but it is possible to confirm it by using the "Base Price/Price of the Middle of the Book" item in the base price information (BP tag) for your convenience.
In the current trading practice, market order is prohibited for newly listed issues for which "2: Price of the Middle of the Book" is set in the relevant field. If the initial price is not determined on the initial listing date, "2: Price of the Middle of the Book" will be set on the second day and thereafter.
However there are some exceptions to the above, please be sure to refer to the JPX website, etc. for more information on the handling of each issue.