10 likes | 153 Views
CMC (DFF) Order Types and Placement. Guaranteed Stop Loss Order: Short (GSLO). SPREAD. ASK +5%. Sell Limit Order. Buy Stop Order. Linked Orders (Limit or Stop). ASK +1%. 2 x SPREAD + 1. ASK (Market). BID (Market). 2 x SPREAD + 1. BID -1%. Linked Orders (Limit or Stop).
E N D
CMC (DFF) Order Types and Placement GuaranteedStop Loss Order: Short (GSLO) SPREAD ASK +5% SellLimitOrder BuyStopOrder Linked Orders (Limit or Stop) ASK +1% 2 x SPREAD + 1 ASK (Market) BID(Market) 2 x SPREAD + 1 BID -1% Linked Orders (Limit or Stop) BuyLimitOrder SellStopOrder BID -5% GuaranteedStop Loss Order: Long (GSLO) Note:Market / Stop / Limit orders can be ‘Day’ or ‘GTC’ (Good Till Cancelled). Linked Orders (Limit or Stop), can be ‘If Done’ or ‘OCO’ (One Cancels Other).Use ‘If Done’ to link Stop Loss orders to original order. Always link Sell Stop and Sell Gain orders ‘OCO’. GSLO’s are placed by phone during market hours. They are valid (even if your position is closed) until tripped by the market,. (i.e. You can use the same GSLO for subsequent same CFD orders.)