IPO Grey Market

Aristo provides IPO grey market trading service. By using Aristo trading platform or Aristo Trader, client can invest in the IPO grey market.

Trading Hour

The trading day of IPO grey market is one business day prior to the listing date of the new shares, trading hours as below:

Normal Trading Day 4:15 p.m. to 6:30 p.m.
Half Trading Day 2:15 p.m. to 4:30 p.m.

If there is any postponement, cancellation or alteration to the listing arrangement of new securities,

  • Cancellation: All orders placed by clients will only be cancelled and void if a particular security fails to be listed on the HKEX.
  • Postponement: Executed orders will remain valid. Outstanding orders will be cancelled.
  • Alteration: Alteration to terms and conditions of IPO will not affect Aristo unless it leads to postponement or cancellation of listing, in which case, please refer to the above.
  • In the case of any cancellation, postponement or alteration, please refer to the announcement from the listed company.

All the IPO grey market trade is conducted via PhillipMart trading platform. For the real-time quote, please refer to PhillipMart website (https://www.poems.com.hk/en-us/product-and-service/initial-public-offerings/phillipmart/).

Last Update: 31 Jan 2019