Block Trades enable the efficient facilitation of large order execution.
The minimum threshold for Block Trades in ASX Grain Futures is 500 contracts, whereby both sides must meet the minimum threshold. While it is possible to amalgamate orders, each order must satisfy the threshold criteria of 500 contracts.
ASX 24 - Block Trade
|Minimum Size - Futures||500 contracts|
|Minimum Size - Options||200 contracts|
|Included in Daily Trading Range||No|
|Reporting Mechanism||ASX Trade Accept|
More information concerning the Block Trade Facility.