Toll Free
Home
Site Map
Send Us a Mail

Order Types

 

TRADEX WORKSTATION supports over 40 order types that can help limit risk, speed execution, provide price improvement, use discretion, time the market and simplify the trading process.

The table below lists all of our order types sorted by customer trading need. 

 

tradex tradex tradex
Global tradex tradex
Order Type Description Products
Bracket
Bracket orders are designed to help limit your loss and help lock in a profit by "bracketing" an order with two opposite-side orders using the same quantity as the original order.
Futures, Futures Options, Options, Stocks, Warrants
Market to Limit
A market-to-limit order is sent in as a market order to execute at the current best price. If the entire order does not immediately execute at the market price, the remainder of the order is re-submitted as a limit order with the limit price set to the price at which the original order executed.
Futures, Futures Options, Options, Stocks, Warrants
Market with Protection
A Market with Protection order is a market order that is cancelled and resubmitted as a limit order if the entire order does not immediately execute at the market price. The order's limit price is set by Globex to be close to the current market price, slightly higher for a sell order and lower for a buy order.
Futures, Futures Options
Stops (Adjustable)
You can attach one-time adjustments to stop, stop limit, trailing stop and trailing stop limit orders which modifies the stop trigger price, trailing amount and stop limit price.
Bonds, Forex, Futures, Futures Options, Options, Stocks, Warrants
Stop
A Stop order becomes a market order to buy or sell securities or commodities once the specified stop price is attained or penetrated.
Forex, Futures, Futures Options, Options, Stocks, Warrants
Stop Limit
A Stop Limit order becomes a limit order once the specified stop price is attained or penetrated.
Forex, Futures, Options, Stocks
Trailing Stop Limit
A trailing stop limit for a sell order sets the stop price at a fixed amount below the market price and defines a limit price for the sell order. If the market price rises, the stop loss price rises by this amount, but if the stock price falls, the stop loss price remains the same. When the order triggers, a limit order is submitted at the price you defined. Reverse this for a buy trailing stop order.
Bonds, Forex, Futures, Futures Options, Options, Stocks, Warrants
Trailing Stop
A trailing stop for a sell order sets the stop price at a fixed amount below the market price. If the market price rises, the stop loss price rises by this amount, but if the stock price falls, the stop loss price remains the same. Reverse this for a buy trailing stop order.
Bonds, Forex, Futures, Futures Options, Options, Stocks, Warrants
TRADEX Inc. Copyright 2006 All Rights Reserved