Pending order

Pending order

2021-07-05

An order placed by the trader to the broker and executed when the market quotation reaches the preset price.

There are 4 ways of pending orders

  1. 1. Buy Limit
  2. Preset a price lower than the current price for pending buy. When the bid price reaches the preset price, the order will be executed.

  3. 2. Sell Limit
  4. Preset a price higher than the current price for pending sell. When the ask price reaches the preset price, the order will be executed.

  5. 3. Buy stop
  6. Preset a price lower than the current price for pending buy. When the bid price reaches the preset price, the order will be executed.

  7. 4. Sell Stop
  8. Preset a price lower than the current price for pending sell. When the ask price reaches the preset price, the order will be executed.

How to open a pending order?

Click position--click order button Click pending, choose your trading products, choose Sell or Buy, fill in pending order and trading volume, finally click Place to confirm.