When applied?
In trading hours other than those for single price auction, individual auction at multiple prices is applied.
Principles for execution: price and time priority
  1. An offer placed at a low price is executed earlier than that placed at a high price. A bid placed at a high price is executed earlier than that placed at a low price.
  2. When the prices of quotations are the same, a quotation submitted to the Exchange system earlier is executed earlier.
Execution method
When a bid price is same or higher than an offer price, trading is executed immediately at the price that has been submitted earlier.
< Examples of trading execution in case of continuous trading >
Sell (Unit:T) Price Buy (Unit:T) Execution Result
  7,390 ● ①100 <1> ①-③ : KRW 7,390, 100T
<2> ②-④ : KRW 7,340, 200T
<3> ③-⑤ : KRW 7,350, 100T
200T was not executed among the quotations for ⑤.
  7,380  
  7,370 ◑ ⑤300
7,360  
③200 ● 7,350
  7,340 ● ②200
  7,330  
④200 ● 7,320  

The numbers, ①, ② and ③ indicate the order in which quotations have been received.