To expand the range of trading choices offered on Binance Stocks and enhance users’ trading experience, Binance will allow users to place whole-share limit orders for SpaceX (SPCX) stocks starting from June 12, 2026, 09:05 (UTC).

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.

Partner 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.