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.
Centre Point Block fact sheet (PDF 495KB)
IRESS - ASX Trade Centre Point Trading Product Enhancements (PDF 287KB)
ASX Trader Workstation Release Notes (PDF 464KB)
DMA Launch Partners