Netwealth has introduced the ability to trade securities listed on the CBOE Australia exchange expanding the range of investment options available.
This exchange works similarly to the standard buy and sell, with a few restrictions:
- They must be placed as limit orders, they cannot be placed at market.
- They can only be placed during market hours (10am - 4pm AEDT).
- They expire on the day that they are placed, meaning if the limit is not reached the buy or sell is not held over.