| 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 |