Yanks,This is where the opening price occurs before the market...

Yanks,

This is where the opening price occurs before the market officially opens.


Pre-opening Phase

Pre-opening takes place from 7:00 am to 10:00 am, Sydney time. During Pre-opening:

Brokers enter orders into ASX Trade in preparation for the market opening.

ASX Trade does not trade orders.

Investors may enter orders on-line. The orders are queued according to price-time priority and will not trade until the market opens.