东京证券交易所).pptVIP

3.Listing requirements first section Second section Mothers JASDAQ (Standard) JASDAQ (Growth) business year 3 years 3 years 1 years at?least?1?year（100 million） _ The number of shareholders 800 2200 300;500 300；1000 or 10% floating stock 4000； 1 billion； 30% 20000； 1 billion； 35% 2000； 500 million； 30% 500 million Market Capitalization 2 billion 50 billion 1 billion 5 billion _ Others companys net worth; pre-tax profits _ _ _ _ Transition Page 过渡页 14 Time Method 04 Competitive bidding Rule Differences Delegation form At 9:00-11:00 a.m. 12:30-3:00 p.m. Daily trading hours；4.5 hours Time 4. Competitive bidding Trading day of opening and closing, opening the afternoon with the rest of the time the auction, continuous auction Reopened the first 30 minutes, add or cancel the acceptable. Pause before the transaction as not canceled, is still effective when re opening. Method 4. Competitive bidding 1.Market orders shall be satisfied 2. Lower than the determined price (the opening price limit sell orders) shall be satisfied 3. Higher than the purchase price of the decision limit orders 4. Determine the price of the same side of the limit orders shall be all satisfied, and determine the price the same but not all transactions on the other side, the single member must at least be assigned a trading unit. Rule 【The bidding rules】 4. Competitive bidding Differences 【The differences of call auction】 4. Competitive bidding Exchange priority order of commission determine the transaction price The Tokyo Stock Exchange Price priority With the price of at least one trading unit allocation Market orders will be all satisfied The maximum volume Shenzhen Shanghai Price priority Time priority The maximum volume delegation form： floating block：23 Yen 4. Competitive bidding Transit