On exchange definition

A - B - C - D - E - F - G - H - I - L - M - N - O - P - Q - R - S - T - U - V - W - Y

See all glossary trading terms

On exchange has a particular significance in relation to IG's platform. Here, we define on exchange in general investing .

On exchange is a term used to mean that a trade is taking place directly on an order book. It differs from at quote, which is a trade made at the price quoted by a market maker.

DMA, or direct market access, is one way of trading on exchange: allowing you to see the various prices offered on an exchange and identify which prices are best for you. 

Visit our platform features section

Find out more about our trading platform's features.

Help and support

Get answers about your account or our services.

Get answers

Or ask about opening an account on 1800 601 799, or +61 (3) 9860 1799, or helpdesk.au@ig.com.

We're here 24hrs a day from 1pm Saturday to 7am Saturday (AEST).