A BUY/SELL limit order is an instruction to deal if the price moves to a more favourable level than where it’s in the market at the moment. Those orders are called ‘improvement orders’ as well. A limit order is a request to buy at a price lower than the current market price or to sell at [...]
A pending order is the trader's commitment to buy or sell an instrument at a specified price sometime in the future. Most commonly, you can use a pending order to create an order that will be executed automatically if the market reaches a certain level. The order essentially contains two variables – price and duration. You [...]
The maximum volume you can trade depends on the type of account you hold and your available margin.
A market execution order is one that is executed at the best price available in the market at that time. There are no re-quotes, but the price will not necessary be the one you saw on the screen when you placed the order. The price the order is filled at may sometimes differ from the price seen [...]