6.2
Order Type
The Fortex Platform supports a large selection of order types.
Among them, five are the most common – Limit, Market, Stop Limit,
Stop Market, Threshold. (Figure 6.2.1) Limit Order Type “L” in the Order Type field to
choose Limit. Enter the Limit Pirce in the Price
field. Market Order Type “M” in the Order Type field to
choose Market. When you enter
a Market Order, the price field is automatically disabled. |
Figure 6.2.1 |
Stop Loss Order Type
in the price at which you want the order to stop from unwanted losses
(Figure 6.2.2) Take Profit Order Type in at which price you want the order to initiate a buy/sell/cover to take a profit (Figure 6.2.2)
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Figure 6.2.2 |
Other order types supported include: Immediate
or Cancel (IOC), Fill or Kill (FOK), Market at Open (OPG), Market on
Close (MOC), Discretionary, Limit Discretionary, Reserve, Limit Reserve,
Limit Discretionary Reserve, Pegging, Market Pegging, Primary Pegging, etc. These orders are intended
for advance users only. Please
contact your service providers for their availability and user instruction.
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