The value of your investments can go down as well as up. Losses can exceed deposits on margin products. Please ensure you understand the risks.

The value of your investments can go down as well as up. Losses can exceed deposits on margin products. Please ensure you understand the risks.

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removal-of-market-orders-for-ETOs-dec-2016

Title: Removal of market orders for ETOs
Page Content:

Market orders on Exchange-Traded Options (ETOs) have now been removed in the trading platforms.

Generally, market orders are subject to immediate execution, but can sometimes be delayed due to high-volume, fast markets or very low liquidity. When a market order is entered on Options, traders cannot control the price at which this order is executed. One way to minimise the risk of trades being executed at a price significantly different from the last trade/quote is to enter a limit order.