Order Types
Hong Kong Market | |
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US Market | |
Other Markets |
To BUY | |
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To SELL |
Market price > Stop Price > Limit Price > $0.01 |
Then, when the market price is falling: -
Market Price | |||
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Your Stop Price |
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<-- Sell Stop-Limit Order is triggered and activated at this point. | |
<-- The order might be filled at any market price better than $10. | |||
Your Limit Price |
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<-- It is the lowest price we will fill the order for you. | |
<-- Sell Stop-Limit Order will not be executed below $10. |
Target Sell Order | |
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Sell Stop-Limit Order |
Target price >= Market price > Stop Price > Lowest Limit Price >= $0.01 |
[Rising Market] Market Price>= Target Price |
"Target Sell" executed + "Sell Stop-Limit" cancelled |
[Falling Market] Market Price =< Stop Price |
"Sell Stop-Limit" triggered |
"Sell Stop-Limit" executed + "Target Sell" cancelled |
Investment Objective | Parent Order | Dependent Order |
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Use the sales proceed of one stock to reinvest in another |
Limit Sell Order
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Limit Buy Order
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Sell the same stock on a high price and buy back at a lower price |
Limit Sell Order
|
Limit Buy Order
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Set up a target sell price once you bought a stock |
Limit Buy Order
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Limit Sell Order
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Switch investment from one stock to another |
Limit Buy Order
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Market Sell Order
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Set up the Stop Price once you bought a stock |
Limit Buy Order
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Sell Stop-Limit Order
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Catch short-term market fluctuation while maintain same stock holding |
Sell Stop-Limit Order
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Limit Buy Order
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"Dependent order" is cancelled because it becomes invalid | "Dependent order" is cancelled because respective "parent order" become invalid |
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Last Update: August 2019.