Conditional orders allows you to implement trading strategies on behalf of your clients. Below is a brief description of the conditional orders we offer:
- Falling Sell: Instruction to place a sell order on the market at a limit price when the security price falls to or below a pre-determined price you have established as a trigger price.
- Falling Buy: Instruction to place a buy order on the market at a limit price when the security price falls to or below a pre-determined price you have established as a trigger price.
- Rising Sell: Instruction to place a sell order on the market at a limit price when the security price rises to or above a pre-determined price you have established as a trigger price.
- Rising Buy: Instruction to place a buy order on the market at a limit price when security price rises to or above a pre-determined price you have established as a trigger price.
- Trailing Sell: Instruction to place a sell order at a Market price when the security price rises to or above a level you have set as your trail start price; and then experiences a fall equal to or greater than the trail stop value you have set.
- Trailing Buy: Instruction to place a buy order at a Market price when the security price falls to or below a level you have set as your trail start price; and then experiences a rise equal to or greater than the trail stop value you have set.
Please read the Share Trading Terms & Conditions for important information and risks regarding conditional orders.