CFFEX provides electronic trading of equity index futures, CGB futures and equity
index options on its centralized platform to achieve efficient transfer and management of market.
Order Matching
Matching Algorithms
Opening Auction
Orders matched at a price that ensures maximum
execution.
Continuous Trading
Orders matched based on price/time priority
Closing Auction
Orders matched at a price that ensures maximum
execution (*only applies to equity index options)
Order Types
Limit Order
Applicable execution conditions
(1) Fill and Kill (FAK)= Orders are immediately
executed against resting orders. Any quantity that
remains unfilled is cancelled
(2) Fill or Kill (FOK)- Orders are cancelled if not