How trading on Chi-X helps traders Chi-X order types Trading tariff Free real time market data Chi-X core technology Fixed Fee Off-Exchange Trade ReportingLegal requirements and industry standards Chi-X market functionality Management

Chi-X market functionality

 

Market Hours

 

Trading hours of 07:35 - 17:30 CET

 

All primary market regulatory suspensions will be observed by Chi-X.

 

Non-matching orders may be added to the Chi-X Central Limit Order Book, a database of available limit orders, where they wait to be matched in price-time priority

 

All Chi-X orders are anonymous on the order book

 

Market monitoring based on dynamic price range checking, capitalisation per order checking and percentage of volume checks

 

Our Clearly Erroneous Trades policy protects participants

 

All Chi-X orders are valid for the day by default with unexecuted open orders automatically cancelled at the end of the trading day

 

Trading Days

 

Chi-X will be closed on the following Target2 non-payment days: New Year's Day, Good Friday (Catholic/Protestant), Easter Monday (Catholic/Protestant), Christmas Day and 26 December.

 

Chi-X will typically observe the domestic market practice for open business days. Where there is cause for doubt a market notice will be sent out to participants for clarification.

 

(See also note: http://www.ecb.int/press/pr/date/2000/html/pr001214_4.en.html)