- Order collection
All buy and sell orders are collected until 10:00 AM SGT every Tuesday. Their status will be as follows:
Submitted: Until 10:00 AM SGT, Tuesday. Cancel anytime before this.
Scheduled: After 10:00 AM SGT, Tuesday. Order is locked with no cancellations allowed. - Order execution
Buy orders: We use a Time-Weighted Average Price (TWAP) strategy for fairer pricing. Orders are spread out into smaller purchases over Tuesday on a best effort basis.
Sell orders: We place Market-On-Close (MOC) orders to ensure trades are completed at the market's closing price for clearer pricing.