daytrading oct 27 morning, page-150

From SMH

10.53am: Another trader describes the finer details of what's going on:
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Currently the market has gone into what is officially termed an ''enquire'' mode, which means there is no trade at all.

Once the tech problems have been resolved the market will then go into a ''pre noticed received'' phase, or what brokers call a ''pre-auction'' phase for about 10 minutes.

That gives traders (etc) the chance to sort out orders after which trading will start.

Read more: http://www.smh.com.au/business/markets/stocks-hit-by-trading-glitch-20111027-1mkuj.html#ixzz1bw3ftnMy



So we will go into pre-open again before we start which is sort of fair i suppose?