Trade amalgamation automatically combines multiple trades to reduce processing fees and lower your average trade price.

To qualify for amalgamation, the orders must:

• Be for the same bond and same payment method
• Be on the same side (i.e., all buys or all sells)
• Be filled on the same trading day

Amalgamation is applied at the end of the trading day, and any excess processing fees from earlier trades will be returned to the payment method you selected.