Summary - Orders to open:
|Above Current Price||Below Current Price|
|Sell order||Limit Order||Stop Order|
|Buy order||Stop Order||Limit Order|
Order to closeThese are attached to specific existing open positions. The system will thus not allow the client to enter into a stop or limit on the wrong side of the market.
This is best explained by way of example.
This scenario can be avoided by rather waiting for the market to open before placing 'orders to open' or by calling orders into the dealing room.
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