TRADING ORDER TYPES

The dealing platform provides sophisticated order entry and tracking. Orders may be entered at any rate - inside or outside the existing spread - using the following orders types:

  • Market Order
    An order based on a current market price.

  • Limit orders
    An order with restrictions on the maximum price to be paid or the minimum price to be received.

  • Stop Loss orders
    Order type whereby an open position is automatically liquidated at a specific price. Often used to minimize exposure to losses if the market moves against an investor's position.

In normal markets any sell stops will be filled on a dealer's bid, and buy stops are filled on a dealer's offer. If the market "gaps" sharply up or down the stops will be filled at the best available price.