IOB Cash Equity
Consultation on the International Order Book trading service May 2018
Unlock the potential of some of the world's fastest growing markets through a single central electronic order book
With similar order functionality as found on SETS, IOB provides a deep, liquid market. This visible liquidity is supplemented by the potential to obtain price and / or size improvement on execution. This is made possible by the minimum size for hidden orders and the minimum peak of iceberg orders both being set at around US$14,000, encouraging the provision of larger un-displayed orders. Price improvement is further enhanced by the option to automatically update a hidden order to the mid of best visible bid / offer.
List of Securities
IOB cash equity trading hours to align with SETS from Monday 3 September 2018
Following the May 2018 consultation on changing the timing of IOB’s market close and the introduction of an intraday auction, to align IOB with SETS and the Main Market and AIM securities it supports. The changes outlined in the consultation document will be adopted in full. Read more