SpaceX Listing Arrives on Binance Stocks Platform
In a significant expansion of its trading offerings, Binance has announced that its Stocks trading section will list shares of SpaceX (ticker: SPCX). Limit orders for whole shares will be enabled starting June 12 at 09:05 UTC.
Unique Schedule for the First Trading Day
Owing to the post-IPO price discovery process, SPCX will not commence trading at the standard market open of 13:30 UTC. Orders placed before the official opening will be queued but not executed until trading begins.
The inaugural trading session will conclude on June 13 at 20:00 UTC. Regular trading hours for SPCX will then commence on June 15 at 13:30 UTC.
Important Trading Limitations for Investors
To facilitate orderly market conditions during the initial listing phase, certain features will be temporarily restricted:
- On the first day and for the first 5 minutes after market open on June 15: Fractional share orders and order-by-value functionality will be disabled.
- During the first trading day: Pre-market, post-market, and overnight trading sessions will be unavailable.
Potential traders are advised to review these special arrangements carefully when planning their entry into SPCX positions.