II Definitions

5 Order and quote

5.1 Definition

In accordance with Clause 10.2 Rule Book, an order is a binding offer to buy or sell a certain quantity of one security at an unlimited or limited price.

Orders may be entered in or deleted from the orderbook during set periods. All incoming orders shall be assigned a time stamp and an identification number. Amended orders shall lose their original time priority and be given a new time stamp.

The quote shall specify the simultaneous entry of one or more limited buy and/or sell orders in a single instruction. It shall remain in the orderbook until it is executed, overwritten or deleted.