When does trading take place on the markets?
- Orders are automatically processed immediately following acceptance.
- Orders placed electronically for continuous trading are placed on the market following successful validation in a matter of moments or perhaps a matter of a few minutes.
- The following periods for accepting orders are when we can guarantee that your validated orders will be processed on the market before the close of the period. Even if you place an order a few minutes before the close of the market, in most cases these will be sold on time.
| Market (segment) | Type of action | Limit for electronic order acceptance | Limit for other order acceptance1) | Moment of action |
| BCPP – continuous trading: Prime market + Standard market + Free market + START market |
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| Opening auction 8:50 - 9:00 | close | 8:40 | 8:20 | 9:00 |
| Continuous phase 9:00 - 16:10 |
open close |
8:40 15:50 |
8:20 15:30 |
9:00 16:10 |
| Closing auction 16:10 - 16:15 | close | 15:55 | 15:35 | 16:15 |
| Trade at close2) 16:15 - 16:25 | close | 16:05 | 15:45 | 16:25 |
| BCPP – continous trading: debt securities |
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| Opening auction 11:10 - 12:00 | close | 11:40 | 11:20 | 12:00 |
| Continuous phase 12:00 - 16:00 |
open close |
11:40 15:40 |
11:20 15:20 |
12:00 16:00 |
| Closing auction 16:00 - 16:05 |
close | 15:45 | 15:25 | 16:05 |
| Trade at Close2) 16:05 - 16:15 |
close | 15:55 | 15:35 | 16:15 |
| BCPP – continuous trading: structured products |
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| Continuous phase 09:15 - 16:30 |
open close |
08:55 16:10 |
08:35 15:50 |
09:15 16:30 |
| BCPP – single trading |
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| Equities, Subscription rights, Funds 11:10 - 16:20 |
close | 16:00 | 15:40 | 16:20 |
| Bonds 11:00 - 16:00 |
close | 15:40 | 15:20 | 16:00 |
| RMS | ||||
| Continuous trading 9:00 - 17:00 |
open close |
08:40 16:40 |
08:20 16:20 |
09:00 17:00 |
| USA3) – non-derivative markets |
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|
Core trading session 15:30 - 22:00 Time in the USA 9:30 - 16:00 |
open close |
15:10 21:40 |
14:50 21:20 |
15:30 22:00 |
|
Pre-opening session (Pre-Market) 14:00 -15:15 Time in the USA 08:00 - 09:15 |
open close |
13:40 14:55 |
13:20 14:35 |
14:00 15:15 |
|
Late trading session (After Hours) 22:15 - 00:30 Time in the USA 16:15 - 18:30 |
open close |
21:55 00:10 |
21:30 21:30 |
22:15 00:30 |
| SRN (Xetra) | ||||
| Opening auction 8:50 - 9:00 | open | 8:40 | 8:20 | 9:00 |
| Continuous phase 9:00 - 17:30 |
open close |
8:40 17:10 |
8:20 16:50 |
9:00 17:30 |
| Closing auction 17:30 - 17:354) | close | 17:10 | 16:50 | 17:30 |
| Trade at Close2) 17:35 - 17:45 | close | 17:25 | 17:05 | 17:45 |
| Centrální depozitář cenných papírů, a.s. (CDCP) | ||||
| Transfers of investment instruments to another depositary (e.g. RMS) | close | 14:40 | 14:20 | 15:00 |
| Other services 5) | close | 15:00 | 15:00 | 15:30 |
| Money - withdrawal | ||||
| Non-cash transfers to an account held within the Fio Financial Group | export | 23:50 | 30 minutes before the end of branch opening hours | continuously |
| Cashless transfers in foreign currencies | export | 12:10 | 11:50 | 12:30 |
| Cashless transfers 6) in CZK | export | 16:40 | 16:20 | 17:00 |
| Cash withdrawals are possible during cashier hours and under the conditions set by the bank for cash operations. | ||||
| Fio investiční společnost, a.s. |
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| Acceptance of applications for subscription or redemption of units7) on a given trading day | close | 11:59 | 11:40 | 12:00 |
| Acceptance of applications for subscription or redemption of investment shares8) on a given trading day | close | 23:59 | 17:00 | 00:00 |
1) The above limits are also limited by the operating hours of the relevant Fio banka, a.s. offices in relation to the individual options for placing an order other than electronically, as follows:
Placing an order in person at a branch - the possibility of placing an order in person at a branch is always limited by the operating hours of the relevant branch.
Placing an order by telephone - the possibility of placing an order by telephone via a branch is always limited to the operating hours of the respective branch. The ability to place an order by telephone through the Dealing Room is limited to the Dealing Room's operating hours.
The opening hours of each Branch and Dealing Office, as well as their contact details, can be found at https://www.fio.cz/o-nas/kontakty.
2) It applies only if Fio banka allows trading in the Trading at Close mode on the given market (BCPP or Xetra).
3) The main trading phase also includes a final auction at 22:00, which is open to all outstanding orders valid for that trading day. In view of the course of the final auction, an order valid only for the main trading phase may be satisfied after 22:00.
4) The closing time of the final auction is randomized. The closing time of the final auction is the earliest possible time of the actual closing of the auction.
5) At the client's request only.
6) Non-cash transfers of free funds from trading accounts (amounts from CZK 4 million upwards) to be made on D-Day must be reported to the branch in person or by telephone on D-Day no later than 10:00 a.m.
7) If a particular mutual fund creates different types of units (classes), then the units are the units of each type of units (class) of the particular mutual fund separately.
8) In the event that a particular investment fund established as a SICAV (a company limited by shares with variable share capital) creates sub-funds, the investment shares are the investment shares of each sub-fund separately. Where different types of investment shares (classes) are created within a sub-fund, the investment shares shall be the investment shares of each type of investment shares (class) of the particular sub-fund separately.
