Cboe Australia Technical Roadmap

This information outlines Cboe’s proposed and scheduled technology releases.

Cboe AU 2025 Roadmap Overview
Cboe AU 2025 Roadmap Overview

Functionality Timeline

FunctionalityMandatory or OptionalCert (Test)Production

Dates will be clarified in forthcoming Technical Notices

2026
Order Conversion Service (OCS) Expansion
  • Additional ‘Account granularity’ for existing Timed Expiring Orders (TEO)
We plan further OCS functionality expansion throughout the year, noting all OCS features are optional
Optional usage02-Mar-202613-Apr-2026
Trading Priority Refinement
  • Refine the existing trading priority to include Hidden/Pegged Intention
Standard priority will then be:
  1. Price, then
  2. Visibility (Lit then Hidden), then
  3. Own broker (if broker preferencing is enabled), then
  4. Hidden/Pegged Intention (Farpoint then Midpoint then Nearpoint), then
  5. Time
No Impact

Noting that the sequence in which hidden orders are executed is not visible to participants

20-Mar-202627-Apr-2026
Multi-Day Orders Expanded to ASX ETFs (Funds)

Allow GTC and GTD usage for ASX ETFs

Optional usage13-Apr-2026Q3 2026 TBC
Pegged Nearpoint Order Enhancements

Additional Pegged order option: ‘Focused Nearpoint’

For the purposes of the Trading Priority proposal, Focused Nearpoint orders will have the same priority as existing Nearpoint orders

Optional usageMay-2026 TBCJun-2026 TBC

Impact and Planning

Cboe makes every effort to minimise the impact of changes and provides optionality where possible. Technical Specification impacts are highlighted in the table below per functionality update.

FunctionalityOrder EntryPrivate FeedsMarket Data Feeds
2026
Order Conversion Service (OCS) Expansion
  • Additional ‘Account granularity’ for existing Timed Expiring Orders (TEO)
We plan further OCS functionality expansion throughout the year, noting all OCS features are optional
No technical specification change, noting all OCS options are deployed using Port AttributesNo technical specification changeNo technical specification change
Trading Priority Refinement
  • Refine the existing trading priority to include Hidden/Pegged Intention
Standard priority will then be:
  1. Price, then
  2. Visibility (Lit then Hidden), then
  3. Own broker (if broker preferencing is enabled), then
  4. Hidden/Pegged Intention (Farpoint then Midpoint then Nearpoint), then
  5. Time
No technical specification change, noting that trading priority with contra hidden orders is refinedNo technical specification changeNo technical specification change
Multi-Day Orders Expanded to ASX ETFs (Funds)

Allow GTC and GTD usage for ASX ETFs

No technical specification change, noting the functionality is the same as existing multi-day orders on CXA symbolsNo technical specification changeNo technical specification change, noting the functionality is the same as existing multi-day orders on CXA symbols
Pegged Nearpoint Order Enhancements

Additional Pegged order option: ‘Focused Nearpoint’

For the purposes of the Trading Priority proposal, Focused Nearpoint orders will have the same priority as existing Nearpoint orders

Optional technical specification update to use Pegged order entry with additional Focused Nearpoint optionOptional technical specification update to indicate Focused Nearpoint on order updatesNo technical specification change

Contact Us

For more information contact the Cboe Trade Desk at [email protected] or call 02 8078 1701.