CBX ASIA

Displayed and anonymous continuous-crossing network for Japanese and Hong Kong equities. Ability to trade pre-IPO and when stocks are limit up/down on the primary exchange. Provides advanced order functionality and potential for price/size improvement.

Owned By
Instinet

Type
Display

Markets Access

• Stock Exchange of Hong Kong
• Tokyo Stock Exchange
• Osaka Securities Exchange
• JASDAQ

Products Available

• Equites

Counterparty
Buy-side and sell-side eligible

Minimum Order Size
Not applicable

Trading System

• Newport 3 EMS
• Via FIX
• 3rd Party OMS/EMS platforms

Order Types

• All advanced order types, including iceberg, IOC, pegging, limit, fill or kill etc
• Market on close (MOC) cross for HK equities. Reduced market impact, finer spreads and longer operating hours than HKEx

Launched
2003