
Trading
The SWX Europe Trading System offers various functional features that enable members to conduct:
-
On order book trading
Orders which are routed to the Trading System and are executed according to the matching rules.
-
Off order book trading
All trades that are not executed via the order book, but trade reported to SWX Europe.
A differentiation is made between the following types of transaction:
 |  | |
On order book trading
|
Off order book trading
| |
Normal order
|
Statement of Interest
| |
Hidden size order
|
Addressed Offer
| |
Accept order
|
Trade Confirmation
| |
Fill or Kill order
|
Reported Trade
| |
Conditional orders
|
Post-Recorded Trades
| |
Unreleased orders
|
|
|