Can I place stop and limit orders on the same ticket as the open trade?
No, all orders are no longer linked to any particular open position held with the Deal Desk. All open orders are GTC (Good Till Cancelled) and the Deal Desk will execute these orders once triggered. OCO orders (One Cancels Other) are an exception in that if one side of the order is filled, the other side will be cancelled.
Related Questions
- A supplier is suggesting that, for orders between the Identified User Call-up Limit and $400K, PWGSC must process the order as an Elevated Call-up. Is this correct?
- If a firm sends a MOC order to the Amex, can they trade more regular limit orders on the Amex?
- Can I place stop and limit orders on the same ticket as the open trade?