Frequently Asked Questions (FAQ)

MOK orders are only used for the Continuous Order Matching Method at HNX.

A MAK order is only valid during the continuous order matching session on the HNX floor. If there is any remaining order after matching, it will be canceled immediately after the order is matched, or the order will be canceled immediately on the system if there is no corresponding order.

A MAK order, also known as a Market Match and Cancel order, is an order that does not specify a price at the time of order entry, and can be executed in whole or in part, and the unexecuted portion of the order will be canceled immediately after the order is matched. The order is only used at HNX.

MAK orders are only used for continuous matching methods at HNX.

PLO orders can only be placed on the HNX floor during the after-hours trading session, which is the period from 14:45 to 15:00. Any order or remaining part of the order that has not been matched will be automatically canceled after 15:00.

A PLO order, also known as an after-hours matching order, is an order to buy or sell securities at the closing price after the end of the periodic matching session. A PLO order is matched immediately upon entering the system if there is a pending corresponding order, the execution price is the closing price of the trading day. In case the closing price cannot be determined, the PLO order will not be entered into the system. The order is used only at HNX.