Market orders are not accepted on all contracts.
Please use limit orders to hit the bid/offer.
A BUY Limit order cannot be higher than the current offer and a SELL Limit order cannot be lower than the current bid.
If the market is moving at or around the time at which the order is placed, this order may be rejected by the exchange. Please repeat the process of placing the order again.
Stop Limit orders
Stop orders without Limits are not accepted.
The limit price specified within a Stop Limit order cannot be more than the below specified values away from the stop price.
| Base Contract ||Description||Ticks|
|AP||SPI 200 Index Future||4|
|BB||90 Day New Zealand Bank Bill Futures||2|
|IB||ASX 30 Day Interbank Cash Rate||4|
|IR||90 Day Bank Accepted Bills||2|
|XT||10 Year T-Bond||4|
|YT||3 Year T-Bond||2|
In case of an order that was placed where the limit price is greater than the above acceptance criteria, the order will appear as being accepted by the platform.
However, please note that upon the trigger price being touched/breached, the order will NOT be executed.
In such cases, the order will be removed from the system afterwards.