Exchange
Key trading services and controls designed to support price discovery and secure market participation.
Static Price Limits
Abaxx Exchange applies static price limits and a no-cancellation band for each listed contract. Static price limits define the maximum deviation from the reference price during a trading session. The no-cancellation band is the range with upper and lower limits applied to an Exchange-set reference price, within which any error trade cancellation request will be rejected and the trade deemed valid.
The Exchange determines the fair value market price at the time the trade under review occurs, as described in Rule 503.
