Cboe BIDS Australia, initially launched to sell-side participants in March 2023 and we completed our roll-out in September 2023 with the BIDS Trader go live.

Cboe BIDS Australia is built on the technology and success of BIDS Trading in the US, Europe and Canada, and is an innovative, anonymous broker neutral service on the Cboe Australia market. Cboe BIDS Australia provides buy-side and sell-side users with a source of deep, secure liquidity, and gives users the opportunity to deepen their institutional relationships.

Cboe BIDS Australia supports trading in over 2,000 equities and ETFs. It allows block trades that are priced at or between the prevailing NBBO, as well as trades with price improvement that are priced at midpoint. Both block and price improvement trades are subject of the minimum $20,000 AUD BIDS order/execution threshold, which provides a basic level of anti-gaming for all users.