Deep liquidity, transparent price discovery
ContiSX public markets are order-driven, centrally cleared venues where listed securities trade continuously — with lit order books, scheduled auctions, and T+1 settlement under SEC oversight.
ContiSX price board
A real-time snapshot across the ContiSX ecosystem — indices, equities, fixed income and FX — with continuous marks and intraday trend.
Indicative levels · for illustration — not a live price feed
How the public market is engineered
Every layer — from the matching engine to the central counterparty — is built for fairness, resilience, and institutional-grade throughput.
Central Limit Order Book
A single, transparent order book aggregates all resting liquidity. Price-time priority ensures the best bid and offer always execute first.
Opening & Closing Crosses
Scheduled call auctions concentrate liquidity at the open and close, setting reference prices used by indices, funds, and benchmarks.
Designated Market Makers
Registered market makers commit to two-sided quotes within maximum spreads, guaranteeing continuous tradability even in thin names.
Pre- & Post-Trade Data
Real-time Level 1 and Level 2 feeds publish every quote and print. Consolidated tape gives a single, auditable record of the market.
Circuit Breakers
Static and dynamic price bands pause trading on outsized moves, protecting investors from disorderly markets and fat-finger errors.
Central Clearing (CCP)
A central counterparty novates every trade, nets exposures, and guarantees settlement — removing bilateral counterparty risk entirely.
A structured session, end to end
The ContiSX trading day moves through defined phases — each with its own rules for order entry, execution, and price discovery.
| Attribute | Pre-Open | Continuous | Closing Auction | Post-Close |
|---|---|---|---|---|
| Window | 09:00–09:30 | 09:30–14:30 | 14:30–14:35 | 14:35–15:00 |
| Order entry | Yes | Yes | Yes | Amend/cancel |
| Execution | No | Continuous | Single cross | No |
| Price discovery | Indicative | Lit book | Auction cross | Reference |
| Data feed | L2 indicative | L1 + L2 | Imbalance | Statistics |
From click to settled trade
Order Routing
Orders arrive from members, brokers, and the ContiSX app, risk-checked at the gateway in microseconds.
Matching
The matching engine applies price-time priority, generating executions and depth updates on the lit book.
Clearing
The CCP novates each trade, nets member positions, and calculates margin and settlement obligations.
Settlement
Securities and cash change hands T+1 via delivery-versus-payment across the CSD and settlement banks.
Connect the way that fits you
Whether you are a retail investor tapping the app or an institution running direct market access, ContiSX offers a path to the public order book with the same fair, transparent rules.
Public markets, answered
A public market lists securities that any eligible investor can buy or sell through a regulated, order-driven venue with continuous, transparent price discovery. Prices, depth, and executions are published in real time and every trade clears through a central counterparty.
Continuous trading runs on a central limit order book with strict price-time priority, bracketed by opening and closing call auctions that concentrate liquidity and set the official reference prices used by indices and funds.
ContiSX public markets settle on a T+1 delivery-versus-payment basis through the ContiSX CSD, with a central counterparty guaranteeing settlement and netting exposures across members.
Any KYC-verified investor can access public markets through a licensed broker or directly via the ContiSX platform. Institutional members connect through FIX and native gateways for direct market access.
Circuit breakers, price bands, market-maker obligations, central clearing, and full pre- and post-trade transparency work together under SEC oversight to keep markets orderly and fair.
Related markets & instruments
Trade the public markets on ContiSX
Open an account via a brokerage or link to a brokerage to access continuous trading, auctions, and centrally-cleared settlement — or connect as a member for direct market access.