Market Price Order

1 minute read
|18 Jul 2024
What are limit orders - original imagery

We use a market order to open or close trades at the current market price. It’s important to remember that you can only place a market order when the market is open. By definition a market order will be placed three price steps above the best trade at the time the order is processed.

  1. Select your trading account from the top of the order ticket.

  2. Enter your stock code (or you can find codes by clicking on the Find Codes link)

  3. Choose your quantity

  4. Set Instruction to Market Price

  5. Choose your expiry (see Expiry section for more information)

  6. Enter your trading PIN

  7. Click Place Order to submit this to market

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