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SSX Education Center >> SSX Trading System Resources
SSX Trading System Educational Resources

Welcome to the Trading System Education Page. On this page you will be able to download documents and watch videos that walk-through the most important features of the SSX Trading System.

Trading Tutorial Documents

Step-By-Step Trading Guide - (PDF)
A step-by-step tutorial for trading stocks on SSX.

Trading Dashboard Tutorial - (PDF)
A detailed walk-through of the features and functionality of the SSX Trading Dashboard.

Stock Holdings and Trading History - (PDF)
A detailed walk-through on how to track your trading history and view the stocks that you own.

Trading Company Profile Page - (PDF)
A detailed guide on accessing the research and details on each trading company on SSX.

 

Trading Tutorial Videos

How to Trade Stocks on SSX Video

This video is a step-by-step how-to video for trading stocks on SSX.


SSX Trading Dashboard Walkthrough Video

The Trading Dashboard is the location for all trading information on SSX. This video explains the most important features of the Trading Dashboard.

 

 

Trading Algorithm - Order Matching

The Trading Algorithm selects the oldest order to Buy based on order entry time stamp.

It then looks for the order to Sell with the lowest price at or below that Buy order's maximum price. If there is more than one Sell order with the same price, the Algorithm then selects the Sell order with the oldest order entry time. If there is more than one Sell order at the exact same order time, then it selects the Sell order with the largest quantity of shares.

The Algorithm then completes the trade at the price entered in the matching Sell order.

The Algorithm then repeats constantly looking for matching orders.

 

Trading System Terminology

"Bid” or Buy Order: This is an order placed to purchase shares of a stock at a maximum purchase price.

“Offer” or Sell Order: This is an order placed to sell shares of a stock at that selling price.

Partial Trade: The order may be partially filled by another order that has a matching price but is only for a portion of the number of shares. A new order for the number of shares not traded will be automatically placed with the same pricing criteria.

All or Nothing: An All or Nothing order will be filled if another order matches the quantity of shares as well as the price.

Order Expires When Filled: The order will remain open until such time that the order is matched with a corresponding order and a trade is executed.

Order Expires At End of Trading Day: The order will be automatically cancelled if it remains unfilled at the end of the trading day that the order is placed.

Symbol: A Company’s symbol is the official symbol by which the stock is identified on the Exchange. Stock quotes will be referenced by the Company’s symbol rather than the Company’s full name.

Total Value of Holdings: This is the amount that all of your shareholdings are worth at the current market rates.

Cash in Account: This is the amount of cash you have available to purchase shares of IPOs or purchase shares from other Investors.

Funds Frozen: When a Buy Order is placed the total amount of funds required to complete the order and pay all associated commissions are Frozen until the order is fulfilled or cancelled. Funds that are Frozen are not available for trading.

Funds Released: If an order is cancelled or fulfilled the frozen funds will be released back to an Investor’s SSX Account or used to complete the trade.

Commission: SSX charges both the Buyer and Seller 1.5% of the total amount of the trade as commission.

Stock Quote: The stock quote is the current market price for that stock and is based on the last completed trade. There is a red or green arrow next to the quote indicating the direction of movement from the previous trade.

Current Price: The price per share of a stock as determined by the price at which shares were sold in the most recently executed trade.

Order Expired: An order that has expired is automatically cancelled by the SSX system.

Order Cancelled: A cancelled order was manually cancelled by the Investor.

Company Profile Page: A detailed page on the SSX website that contains all the information about a Company including trading details and due diligence documents.

Daily Volume: The total number of shares traded in the current trading day for a particular stock.

 

Trading System Frequently Asked Questions

When is the Exchange open?
The Exchange is open Monday to Friday (except Holidays) between 9:30am and 4:00pm Curacao Local Time. Orders can be matched and trades executed only during those hours. SSX Clients have the right to enter orders in their Trading Account 24 hours a day and 7 days a week. The time that an order was placed is used in the Trading Algorithm to define order priority and trade completion.

How do I buy shares from other Investors on SSX?
To buy shares from other Investors you must place a Buy Order (a “Bid”) for the Company stock that you would like to purchase. You enter the Maximum Price you are willing to Buy at. You also choose whether or not to accept partial fulfillment of the order if there is a Sell Order with an appropriate price match. You must have all funds required to complete the order and to cover any applicable commissions available in your SSX Trading Account. The required funds will be Frozen until the order is filled or cancelled.

How do I sell shares I own to other Investors on SSX?
To sell shares to other Investors you must place a Sell Order (an “Offer”) for the stock that you would like to Sell. You input the price at which you would like to Sell. You also choose whether or not to accept partial fulfillment of the order if there is a Buy Order with an appropriate price match. You must have any shares that you are trying to sell available in your stock holdings and the shares will be Frozen until the order is filled or cancelled.

How long will my order stay open?
When you place an order choose either “When Filled” or “At end of trading day” in the “Expires” dropdown list. If you select “When Filled”, the order will remain open until an exact matching Buy or Sell Order is placed by another Investor. It is impossible to predict how long an order might stay open. If you choose “At the end of trading day”, the order will be automatically cancelled at the end of the current trading day.

How will I know when I have traded stock with another Investor on SSX?
If one of your orders is matched with a Buyer or Seller, the trade will be executed automatically and you will be notified that the trade was completed via email and SSX Secure Account Message. If it was a Buy Order you will see the shares in your Stock Holdings and Trading History page. If it was a Sell Order you will see that the proceeds from the sale have been deposited immediately in your SSX Investor Account. Please remember that all financial details of the trade will be communicated via SSX Secure Account Messaging. Sign-in to your SSX Account to access your secure messages.

Where can I see what stocks I own and the current value of my holdings?
To view your current holdings and value of your stocks go to the “Trading System” title in the menu bar and click on “Stock Holdings and Trading History”. The value of your holdings is also displayed in the upper right corner of the SSX website after you have signed-in to your Account.

Where can I see all the companies that are trading on SSX?
To view all trading Companies on SSX click on “Trading Companies” in the “Companies on SSX” menu bar heading or click on “Trading Dashboard” in the “Trading System” menu bar heading.

How can I view the price history for a stock on SSX?
All the details about a trading Company, including historical trading information, are available on the Company’s Profile Page on SSX. Access the Company’s Profile by clicking on the company’s stock symbol in the Trading Dashboard or by finding the Company in the “Trading Companies” section under “Companies on SSX” in the menu bar.

How can I review the details for a company trading on SSX?
All the details about a trading Company, including the original Offering Prospectus, current shareholders, Investor presentations and any other documents, are available on the Company’s Profile page on SSX. Access the Company’s Profile by clicking on the Company’s stock symbol in the Trading Dashboard or by finding the Company in the “Trading Companies” section under “Companies on SSX” in the menu bar.

Can I view all the orders that are open for a stock?
You can view the top ten open orders for an individual stock on the Company’s Profile page. Access the Company’s Profile by clicking on the company’s stock symbol in the Trading Dashboard or by finding the company in the “Trading Companies” section under “Companies on SSX” in the menu bar.

Where can I learn more about the trading functions on SSX?
Review all the information on this Education Center page and access the demo videos and tutorial PDF documents explaining all the functionalities of the SSX Trading System.

How are orders matched?
Orders are matched First-in-First-out based on matching criteria of Price first and Number of Shares second. If you have selected to accept Partial Trades and an order with matching pricing criteria is opened, your orders will be matched for as many shares as possible. If you have selected to not accept Partial Trades your order will only be matched with another order that has both the same Pricing Criteria and Number of Shares.

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