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The Lun Stock Exchange will launch Global Plate, which includes 30 Chinese concept stocks such as Ali.

via:TechWeb     time:2019/9/6 15:00:42     readed:192

The following is a list of 30 medium-sized stock proposals:

According to the information released by the Lun Stock Exchange, the Global Board is its latest innovative product. Investors can trade shares in the global market at London time, initially including blue-chip U.S. stocks and American depositary receipts from Asia.

In terms of trading system arrangements, global board investors trade an investment vehicle called "CREST Depositary Interest" (CDI), which is convenient, fast, simple and effective in London, and cheap to trade and settle global stocks. Investors can buy shares in London on the same day and sell them in New York, both of which will be settled within the T 2 cycle of their respective markets.

According to the exchange, the global board has the following advantages or facilities: trading global stocks on the world's most international exchange; trading in a time zone that facilitates investors; trading in US dollars; and without stamp duty.

The trading period in the London market is between Asia and the US market. UK Daylight Time 8:00/ Beijing Time:15:00, Shanghai-Shenzhen Stock Market, at which time the UK is open; the UK Daylight Time 9:00/ Beijing time 16:00, the city of Hong Kong, at this time the London market is still open; the UK Daylight Time 14:30/ Beijing time 21:30, in the United States, two hours later, UK Daylight Time:16:30/ Beijing Time:23:30, UK.

Therefore, take US daylight saving time as an example, the trading time of the exchange's global board can to some extent meet the trading demand after the close of the US stock market (4:00 Beijing time) and before the opening of the next day (21:30 Beijing time). Because the two major stock exchanges in the United States have extended trading (Extended Hours Trading), the after-hours trading time (after hours) is 4: 00 / 8 / 00 Beijing time, and the pre-market trading time (pre-market hours) of the next trading day is 16: 00 / 21 / 30. Therefore, the global board will mainly make up for the gap of 8 hours between 8: 00 and 16: 00 Beijing time.

Usually, the liquidity of U.S. stocks before and after trading is not strong, and the bid-ask spread is much higher than the normal trading period. Therefore, the first batch of 80 U.S. stocks selected by the Luen Stock Exchange are all active trading targets. In fact, some large securities firms in the United States have also targeted similar opportunities, such as individual deduction brokers who have provided a small number of active ETF "all-weather trading".

The following is a list of 50 US stocks:

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