What are the different types of orders I can place with my International Shares Account?
There are six different types of orders that can be placed with an International Shares Account. These are:
| Order type | Definition |
|---|---|
|
Market |
An order to be executed at the best available market price. Market orders can only be placed during the respective market's opening hours. If you wish to trade outside market hours, you may opt to place a limit order. |
|
Limit |
An order to buy or sell a security at, or better than, a specified price. |
|
Stop |
An order to be executed at the best available market price if the market reaches a specific price. |
|
Stop-Limit |
An order that will be executed at a specific price, or a better price, after a stop price has been reached. Once the stop price has been triggered, the order will become a limit order. |
|
Market on close |
An order that is scheduled to trade at the close, at the best available price. |
|
Limit on close |
An order that is scheduled to trade at the close of the market, or at a better price than specified. |
Learn how to place an international trade or view our International Client Guide.
Disclaimer
The information has been prepared without taking into account your objectives , financial situation or needs. For this reason, any individual should, before acting on this information, consider the appropriateness of the information, having regards to their objectives , financial situation or needs, and, if necessary, seek appropriate professional advice.
