FULL ORDER DEPTH OF A.S.E
The new “Monopoly” provides complete and professional real time update, offering a competitive advantage to traders using it!

What is the Full Order Depth?

The full order depth is a new feature from the Athens Stock Exchange via which the transactions of orders processed at the ASE are entered in OASIS - the new transaction system used for the total number of transactions..

How Monopoly is being implemented?

Having as a first priority the best available features of the system for the utmost quality satisfaction of our customers, the new Monopoly combines advanced methodologies to include the new service feature provided by ASE so as to provide users with a complete report of orders for their professional needs. Thus it was created as a new window in Monopoly which is labeled “Order Book”, via which the user can view all orders placed for one share/stock.
The window “Order Book” depicts all of the incoming orders for the buyers and the sellers independently.

The orders are being categorized based on price and time of entry at the ASE system

This categorisation is on descending order for the buyers and ascending for the sellers.

There are 5 different columns for the depiction of orders which are:
  • Bid or Ask
  • Size
  • lifetime – LT
  • Special Condition - SC
  • Time
Alternatively, instead of “Time”, the user can select the “Order No” option as this is set by ASE.
The orders are depicted one by one or can be grouped based on the market price or the selling price.
In the case of the complete view of all orders, they are grouped by colour code defined by the user.

Which orders are shown in the “Order Book”?

In the window «Order Book» users can view all the orders of a selected share/stock.

How many types of orders are there and what is the format to view them?

The orders are being divided based on the order type, the duration and any special trading rules that might be subject to.

The various pricing types are included below:

1. Limit price

The price type Limit concerns selling or buying price.
In Monopoly all orders with a buying or selling price are included in this category.

2. Market

The orders Market do not have a price and are labeled as above in the Buyers (Bid) or Sellers column (Ask).

3. At the Open

Orders labeled At the Open do not have a price. They are characterized as Open in the Buyers (Bid) and Sellers (Ask) Column.

4. At the Close

Orders labeled At the Close are reported as Close in the Buyers (Bid) or Sellers column (Ask).

In reference to the different types of the order duration these are below:

1. Day

The duration of the order is limited to the current day. Orders labeled “Day” bring this notification in the LT Column (LifeTime).

2. Good till cancel

This order remains in the system until it is time to be cancelled. The “Good till cancel” bear the notification Gtc in the LT Column (LifeTime).

3. Good till date

This particular order remains in the system until the set date. The orders Good till date bear the notification Gtd in the column LT (lifetime).