Orders types Clause Samples
Orders types. 8.1 Buy - An order to buy an instrument at a price available for trading on the Trading Platform provided by the Company at the time of order.
Orders types. 4.3.1. The following order types are available in the Client’s Terminal: ● Market orders (Buy, Sell); ● Pending orders (Take Profit, Stop Loss, Buy Limit, Buy Stop, Sell Limit, Sell Stop).
Orders types. 9.1) Client acknowledges and agrees that the Trading Platform made available to the Client by the Company follows the market for the relevant Client, whether the Client is in front of his computer or not and whether the computer itself was switched on or not and exercises the order left by the Client when market conditions satisfy the Client's request.
Orders types. 4.3.1 The following order types are available in the Globex360 (PTY)LTD MetaTrader 4 trading terminal: • Market orders (Buy, Sell); • Pending orders (Take Profit, Stop Loss, Buy Limit, Buy Stop, Sell Limit, Sell Stop).
Orders types. 1Buy - An order to buy an instrument at a price available for trading on the Trading Platform provided by the Company at the time of order.
Orders types. 4.3.1 The following order types are available in the Exswiss Client’s Terminal: • Market orders (Buy, Sell); • Pending orders (Take Profit, Stop Loss, Buy Limit, Buy Stop, Sell Limit, Sell Stop).
Orders types. 7.1. Client acknowledges and agrees that the Trading Platform made available to the Client by the Company follows the market for the relevant Client, whether the Client is in front of his computer or not and whether the computer itself was switched on or not and exercises the order left by the Client when market conditions satisfy the Client's request.
7.2. Limit Order - A Limit Order is an instruction to trade at a level that becomes more favourable to the Client. A Limit Order can be used to open or close a position. Each Limit Order has a specified price limit set by the Client (but subject to the Company’s agreement). A Limit Order will be triggered if the Company’s bid price (in the case a sell order) or ask price (in the case of a buy order) moves in the Client’s favour to a point where the Client’s order can be executed. Once the limit level is triggered, the Company will seek to execute the order at that price. If the Company cannot do so (e.g. because in attempting to execute the order, the price becomes less favourable to the Client), the limit order will remain operational, waiting for the price to move again in the Client’s favour, such that it is triggered again.
7.3. Stop Order- A Stop Order is generally placed to provide some risk protection, for example, in the event of the Client’s position moving into loss. A Stop Order can also be used to either open or close a position. Each Stop Order has a specific stop level, set by you (but subject to the Company’s agreement). The Stop Order will be triggered only if a transaction takes place on the Company’s trading platform at that stop level. Once the Stop Order is triggered, the Company will seek to execute the order at a level that is the same as the stop level (although it may be at a less favorable level).
7.4. Other orders - such as OCO'S (One Cancels the other), ID's (If Done's- Trailing Stops etc., and more information, is described in the Company's website.
7.5. Rollovers or Swaps - The Company performs all the overnight rollovers (continuation of a trade) automatically, and there is no need for Client intervention. Such rollovers are accommodated with interest debits or credits to the Client's Trading Account. This is based on the interest rate differentials between currency pairs and taking into account the Company’s own costs. All open positions are automatically rolled over by. The Client’s position may either receive or be charged rollover, depending on whether the position is long o...
Orders types
