The order ticket offers traders the opportunity to use more advanced features, such as adding Stop Loss & Take Profit orders to a trade.

More Information on each of these order entry features can be found here.

Trade by Notional Value

• If a product is selected from the Currencies asset class, it’s possible to enter a size in lots, or an amount in the base currency of the forex pair (notional value).
• For all other asset classes, the size can only be entered in lots.
• Click the down drop next to the Size label to switch between lots and amount.
• Where your trades are shown in the Open Position tab, the trade size will always be displayed in lots, for simplicity and ease of comparison across asset classes.

Stop Loss & Take Profit

When placing a market order, you have the chance to add linked orders specific to that trade, meaning you can add Stop Loss & Take Profit levels.

• You can toggle the Stop Loss & Take Profit on and off.
• If on, Enter a valid price. If the price is not valid, hint text will pop up.
• When adding Stop Loss & Take Profit to working orders, the prices of your linked orders are validated against the entered order price, and not the current market price.
• The ‘Apply Changes’ button will become active once valid details are entered.
• Review the order details, including estimated notional value and resulting position, and then click ‘Apply Changes’.
• When a linked order is created, the order will be attached to that trade/order as a linked order.
• Linked orders can be edited from the Working Orders tab.

Advanced Drop-Down

The Advanced drop-down featured on the Order Ticket enables you to access advanced configuration options.

Order Expiry – If you do not specify the Order Expiry, your order will be placed with expiry Until Cancel. This means your order will stay working on the order book until you cancel the order yourself, or the order is sent for execution.

You can opt to set the Order Expiry by Fill or Kill, where an order to buy or sell must be executed in its entirety, otherwise the order will be cancelled.

You can specify the date and time for the expiry of the order. This means that the order will automatically expire and get cancelled if the date/time selected has been reached before a price match.

Execution behaviour – allows you to select between Net off & Force Open on execution. Force Open applies by default.

To understand the difference between Net off and Force Open read more in the Execution Behaviour section.

Auto Roll – allows you to select the preferred behaviour at the contract expiry (only available for futures contracts):

• The default selection is ‘No’. At the expiry of the futures contract the position will be automatically closed.
• By selecting ‘Yes’, at expiry the current contract will automatically roll over into the next available contract, allowing you to maintain exposure to that market.
• Currently it is only possible to set auto roll to ‘No’. Please contact us to roll futures positions to the new contract.

Please note, regardless of your auto roll instructions, any running profits or losses (P/L) will be realised when the current contract expires.