Print page

ASX Centre Point Block

Anonymous matching of firm orders

All Centre Point Block orders are completely anonymous and executable at the prevailing midpoint of the best bid and offer in TradeMatch. Centre Point Block orders are matched according to Time priority (subject to the MAQ being satisfied).

Centralised Block matching service available to all ASX Participants

With access open to all participants and average daily turnover of $100 million across 350 securities, Centre Point Block can minimise order routing and liquidity search costs.

Control your fill size and minimise information leakage

Centre Point Block supports a user-defined Minimum Acceptable Quantity (MAQ) level for execution. The MAQ allows users to balance the level of interaction between ordinary flow and Block-sized liquidity to achieve their desired trading outcomes.

Transparent matching logic designed to maximise fill rates

Centre Point Block utilises functionality to support matching against multiple standard Centre Point orders to leverage liquidity in Centre Point and maximise fill rates.