Binance Stocks to Open Limit Order Trading for SK Hynix ADR Today
律动BlockBeats|Jul 10, 2026 05:20
BlockBeats News, July 10: According to an official announcement, Binance will allow users to place limit orders for whole shares of SK Hynix Inc. ADR during the regular trading session via the temporary ticker SKHYV under the "pre-IPO trading" method starting from 17:05 (UTC+8) on July 10, 2026. Each SK Hynix ADR represents one-tenth (1/10) of a common share of SK Hynix Inc. listed on the Korea Exchange, and holders will be subject to standard ADR fees charged by the depositary bank.
Pre-IPO trading for SKHYV will begin at 17:05 (UTC+8) on July 10, 2026, and close at 04:00 (UTC+8) on July 11, 2026. The ticker is expected to change to SKHY and transition to regular trading at 21:30 (UTC+8) on July 13, 2026. Based on Nasdaq's historical performance, the stock is not expected to open during regular hours, as the initial price discovery phase typically lasts several hours, with orders executed after the market officially opens.
Only limit orders are supported, with GTC (Good-Till-Canceled) and day orders available; market orders are not supported. Any unfilled SKHYV orders after the pre-IPO trading period will become invalid. Price limits apply to all NMS stocks, and trading will be halted if prices exceed the limits until Nasdaq lifts the suspension. Partner brokers may impose net buying restrictions or caps.
Full securities lending for SKHY will take effect after trade settlement (T+1 trading day). Trading of the aforementioned new stock is subject to eligibility based on the user's country or region.
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