Products/Services _ Stock Trading
Market operations
  • Trading Hours  
    • The trading Hours shall be from 08:30 to 15:00. The call auction for determined opening price from 08:30 – 09:00. After that, the continuous auction until 14:50 and then the call auction for determined closing until 15:00.
  • Trading Days
    • Every business day excepting following days.
      • Public holidays of Lao PDR;
      • Saturdays;
      • Last 3 business days of each year; and
      • Other Important day based on notice by government
      • When a sudden change in economic conditions occurs or is expected to occur, or on the days deemed necessary by the LSX.
  • Minimum Trading Unit
    • The minimum trading unit for stock trading on LSX shall be 100 shares
  • Tick Size
    • The price Unit shall be each of the following:
      • Issues with the price per share less than 1,000 Kip ⇒ 5 LAK
      • Issues with the price per share higher than or equal to 1,000 LAK, but less than 5,000 Kip ⇒ 10 LAK
      • Issues with the price per share higher than or equal to 5,000 LAK, but less than 10,000 Kip ⇒ 50 LAK
      • Issues with the price per share higher than or equal to 10,000 LAK, but less than 50,000 Kip ⇒ 100 LAK
      • Issues with the price per share higher than or equal to 50,000 Kip ⇒ 500 LAK
  • Types of Orders (Quotations)
    • In order to accommodate the needs of all investors, LSX has introduced a variety of order types as listed below:
      • Limit Order
        • An order defines the price to be traded, as the specific price or the better price; the better buy order price the price lower than specific price and the better sell order price is the higher than the specific price.
      • Market Order
        • An order that will be submitted or canceled if set criteria are met, which are defined by investor entering the order.
      • Condition Order
        • An order that instantly can be trade on the best available market price at that time. Market order shall have a priority over limit order in terms of price.
        • ① Immediate or Cancel (IOC): An order to buy or sell a stock immediately on the condition that, if there is any remaining unexecuted volume, the remaining volume will be automatically canceled.
        • ② Fill or Kill (FOK): An order to buy or sell the whole ordered to volume, if such condition cannot be met, the order will be canceled.
        • Note: Condition Order cannot be apply on Opening and closing auction session, cannot be accepted preliminary order and valid in all LSX trading platforms including trading.
      • Preliminary Reserve Order
        • An order to reserve buy or sell a stock when investors need to trade their shares for the next business day.
  • Daily Price Change Limit
    • Daily price change limitation for listed securities on LSX and Markets change within ±10% of the best price and from the base price. In case the base price is less than 50 LAK the daily price limit shall be 5 LAK.
  • Base-price
    • Basically, Base-price shall be the closing price of the previous day. While in case when there is a corporate action such as initially listed issues, capital increase, stock dividend and etc. theoretical price calculated by certain formula shall be the base-price.
    • In case where the best price (The decimal point shall be rounded down) is less than the quotation price unit, such price shall be rounded up to the quotation price unit.
  • Publication of Quotation Information
    • The LSX shall make public the following market data:
      • Opening price and closing price;
      • Trading volume and value;
      • Closing price of the previous day or base price; and
      • Other information that is useful for making investment decisions for the protection of investor.