This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
To expand the range of trading choices offered on Binance Stocks and enhance users’ trading experience, Binance will allow users to place whole-share regular trading hours limit orders for SPCX stocks starting from 2026-06-12 09:05 (UTC).
Terms and Conditions:
Based on historical Nasdaq behavior for high-profile IPOs, the symbol is not expected to open at the usual 13:30 (UTC). The initial price discovery phase typically lasts for several hours. Orders are queued and will not be executed until the market is officially open for SPCX.
Only limit orders are supported prior to opening cross*. Both Good Till Cancel (GTC) and day orders are supported for limit orders, market orders are not supported.*The opening cross is the process by which an exchange (in this case, Nasdaq) matches buy and sell orders to determine the first public trading price of a security.
On Day 1, trading will close at 2026-06-12 20:00 (UTC) and will not resume until 2026-06-15 13:30 (UTC) at the regular market open.
Limit Up Limit Down (LULD) bands apply to all National Market System (NMS) stocks including IPOs. If the price moves outside the LULD band, trading is paused. When Nasdaq halts SPCX, regular trading will only resume until Nasdaq lifts the halt. During a halt, no new orders can be placed and pending status market orders will be cancelled, pending status limit order will remain.
Fractional orders and notional orders are not supported within the first 5-minute of live trading for day 1 (2026-06-12) and day 2 (2026-06-15 13:30 UTC -2026-06-15 13:35 UTC).
Pre-market, post-market, and overnight sessions will be disabled on Day 1. They also may not be available during the first few days of trading as the exchange monitors market conditions and liquidity.
Partnered brokers may enforce net buy restrictions or caps. In these cases, new buy orders may be rejected or blocked, while risk-reducing sell orders may still be permitted depending on the specific control.
Fully Paid Securities Lending (FPSL) for SPCX will be eligible when shares from trades are fully settled. (T+1 trading day)
Trading of the aforementioned new stock(s) is subject to eligibility based on the user's country or region of residence.
There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Thank you for your support!
Binance Team
2026-06-11
Note: This announcement was amended on 2026-06-12 to clarify users can place whole-share regular trading hours limit orders for SPCX stocks starting from 2026-06-12 09:05 (UTC).
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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
Disclaimer: Nest Trading Limited acts as your introducing broker and routes your orders for Securities to its clearing broker partner, Alpaca Securities LLC, for execution, clearing, settlement and custody. Binance does not handle or custody your Securities. Securities are subject to high market and liquidity risk and price volatility (particularly outside traditional market hours). The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. Binance may receive payment for order flow remuneration for directing your orders. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use, Securities Trading Product Terms and Risk Warning.