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
Halt
The exchange may halt the market if it judges that market conditions or technical conditions impair the integrity of the market. In such a case, a product is set to the product state Halt. The instrument state during Halt depends on the settings of the exchange.
