Placing Your First Trade

Your First Buy Order on PSX

Placing your first stock trade is a milestone moment for any new investor. Once you have your CDC account and trading account set up, the actual process of buying shares on PSX is straightforward — but understanding the different order types and settlement mechanics will help you execute trades with confidence and avoid costly mistakes.

PSX supports several order types including market orders (buy or sell at the best available price), limit orders (specify the exact price you want), and stop-loss orders (automatically sell if a stock drops below a certain price). The market operates from 9:30 AM to 3:30 PM, Monday through Friday, with a pre-open session from 9:15 AM. All trades settle on a T+2 basis, meaning shares are credited to your CDC account two business days after the trade date.