Trading phases
During the trading day, each product has a specific trading phase (state) that gives a structure to the business day.
The instrument state changes in general with the product state.
The following sub-chapters describe each product state in detail; in order to get more details about order restrictions, please see the sub-chapter Order restrictions by trading period.
Overview of content
End of Day
The product state End of Day represents the time in the evening that is reserved for the end-of-day processing by the exchange. Participants have no access to the order books in this product state.
All instruments are in the instrument state 'Closed'.
