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aggressive limit order limits

Joined
7/22/10
Messages
66
Points
18
Hi, ASX rejects limit orders that are more aggressive than their 4 tick limit. e.g., Bid at 100, tick size is .1, it will reject Buy Orders placed at 100+.1*4 and above.

Is anyone aware of such limits and whether there are other exchanges that enforce such limits? Not sure if this is the best place to post this question. Feel free to delete / move.

thanks
 
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