Iceberg Orders will provide for large limit orders where only a portion (the displayed volume) of the total order volume will be shown and immediately executable. The displayed volume acts as a limit order in terms of price/ time priority execution. Once the displayed volume has been executed, another displayed portion will be replenished from the hidden part of the order and will appear at the bottom of the time queue at its specified price. The order cycles through until the total volume is executed.
IVA Price at posting:
20.5¢ Sentiment: Buy Disclosure: Held