Placing Orders

The "Dealing Rates Table" window displays live dealing rates. This window is the area from which new orders are placed. Major currencies, indices as well as metals and other products appear in the "Dealing Rates Table" window by default.

The following functionality is available on the "Dealing Rates Table" window:

Market Order

This allows the trader to trade "at the market". Click on the rate (Sell or Buy) field within the instrument record (on the "Dealing Rates Table" window) or right-click within the instrument record over the Buy or Sell rate and then choose "Market Order" command from the pop-up menu. The Amount input screen will appear.

Enter the desired amount measured in lots and press "OK". A new order marked with letter "I" (Initiate) will appear on the "Orders" window. Market orders will always be confirmed and executed immediately at the best available price.

Click on the display below for detailed visual instructions with voice:

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Entry Order (Entry Stop or Entry Limit

This function allows the trader to initiate a position with a Stop or Limit order. Right-click within the instrument record over the Buy or Sell rate and select either "Entry Stop" or "Entry Limit" from the pop-up menu.

An "Entry Stop" will place an order to Buy above the current market, or Sell below the current market, at the rate you specify. This order will be filled if and only if your specified price is reached.

An "Entry Limit" will place an order to Buy below the current market or Sell above the current market, at the rate you specify. Again, this order will be filled only if your specified price is reached.

After selecting "Entry Stop" or "Entry Limit", the trader can then specify the price and number of lots, and then press "OK". A new order marked with letters "EL" or "ES" ("Entry Stop" or "Entry Limit") will appear on the "Orders" window, and remain there until it is either filled by the dealer, or cancelled by the trader.

Click on the display below for detailed visual instructions with voice on "Entry Stops":

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Click on the display below for detailed visual instructions with voice on "Entry Limits":

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