Discussion Forums

Re: NZX Order types
Anubhaw Sinha / Nomura
7 Feb 2012 5:06AM ET

Hi Andy,

Yes, you are right. I wanted to know more from the FOK, FAK,etc and beleive Market order also behaves a bit differently in NZ. It tries to grab everything but if nothing is found it gets rejected i.e. it acts like an IOC orders. Also, will be grateful if you can give me the basic rules so that i can ensure that nothing is missed.
Thanks a lot for your help.

Regards
Anubhaw
> I will dig it out of the library tomorrow, also there is an update due to go into prod in the next couple of months. What specifically are you looking to resolve - from memory the rules are pretty simple around the NZX market and limit type orders. ARe you specially interested in the type ie FOK, FAK etc?
> Market order aren't used that extensively for institutional business as the order book tends to be pretty shallow
>
> Andy
>
> Hi Andy,
> >
> > Thank you for your reply.
> > I am currently targeting only Equities market. Will you be able to share the ROE document. The one which I have mentions about Market/Limit order types are supported. But it doesnt mention about the behaviour at exch.
> >
> > Regards
> > Anubhaw
> >
> >
> > > > Hi,
> > > >
> > > > Can someone help me to understand the behaviour of different order type and time in forces supported by New Zealand market. You can also share some material regarding the same.
> > > >
> > > > Regards
> > > > Anubhaw
> > >
> > >
> > > We would be happy to help - are ou interested in the equities, electricity or futures markets? Also have you seen the NZX ROE documentation for their fix gateway?
> > >
> > > Regards
> > >
> > > Andy
> > > Chelmer


NZX Order types
Anubhaw Sinha / Nomura   7 Feb 2012 2:00AM ET
Re: NZX Order types
Andy Robertson / Chelmer Limited   7 Feb 2012 2:31AM ET
Re: NZX Order types
Anubhaw Sinha / Nomura   7 Feb 2012 2:41AM ET
Re: NZX Order types
Andy Robertson / Chelmer Limited   7 Feb 2012 4:33AM ET
Re: NZX Order types
Anubhaw Sinha / Nomura   7 Feb 2012 5:06AM ET