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  Auto Stop Loss
  Executing Trade
  Leaving an Order
  Order Management
  System Requirements
 
 
 
  Leaving an Order
 
 

Leaving an Order:

The dealing system includes sophisticated order entry and tracking which is located under the Position Management screen.

 

For a Single Order:

 

For an OCO order, fill out both sections:

 

To place an order, complete the appropriate section:

 

Currency Pair:

Choose a currency pair from the drop down list

Type:

Single or One Cancels the Other (OCO)

Expiry:

Choose one of the following

  • End of day (EOD): Order will expire at 17:00 ET at the end of the trading day you placed it.

  • Good Til' Canceled (GTC): Order will remain active until you highlight it and click the cancel button.

If you chose 'One Cancels the Other' (OCO) order type: the lower half of the form will be highlighted, allowing you to enter both sides of the order at the same time. Remember, if one side of your OCO is filled, the other is automatically canceled. Orders remain open until they are triggered or cancelled. If you close out a position manually, you must cancel any order(s) relating to that position.

Buy/Sell:

Select buy or sell from the drop down list

Lots:

Select the number of lots from the pull down list.

Order Basis:

Choose either 'limit' or 'stop loss'.

Order Rate:

The rate at which the trade will be executed. You may enter in ANY rate other than the current spot rate. Fill this in manually.

Confirm:

When all the fields are completed and you have checked your order, click "Confirm" and your order will placed, and appear on your activity log.

Abort:

Choose "Abort" to return to the order management window, where your order will now appear. **If you click "Abort" before clicking "Confirm", you will return to the order management window and no order will be placed.

**Orders remain open until they are triggered or cancelled. If you close out a position manually, you must cancel any order(s) relating to that position.