Order Types
This page contains relevant information relating to different types of orders.
Market Order
A Market Order is used to Buy/Sell at the best available price.
Limit Order
A Limit Order is used to Buy/Sell order at a pre-determined price or better price.
Stop-Loss Market (SL Market) Order
It involves placing your order with a Trigger Price. When the market price of the concerned share reaches the set trigger price, an order is sent to the exchange (at the prevailing market price).
Stop-Loss Limit (SL Limit) Order
This involves placing your order using both a Trigger Price and Limit Price. When the market price of the concerned share reaches the set trigger price, an order is sent to the exchange at the given limit price. The trade is only executed when the limit price is reached.
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