Types of Indices Orders - Types of Orders in Indices
What are the Types of Indices Orders?
- Stock Indices Market Order
Stock Indices Market Order is the most basic type of indices order, indices market order is used to buy or sell at the current indices price. This refers to the quoted stock indices price which pops up on your indices trading platform.
Market Order type of stock indices order is used for buying or selling according to the present stock indices price quote - the execution of market order is instant. The minute you want to enter a indices position you can buy and sell at a click of a button key using a indices market order.
- Buy Limit Indices Order Specifies to buy at a level below the current stock indices market price
When buying, indices pending buy limit order is executed when the stock indices price falls to your limit stock indices price quote area.
- Sell Limit Indices Order Specifies to sell at a level above the current market indices price
When selling, indices pending sell limit order is executed when the stock indices price rises to your limit stock indices price quote area.
- Buy Stop Stock Indices Order Specifies to buy at a level above the current stock indices market price.
When buying, a pending buy stop order is executed as the indices market goes up & hits buy stop stock indices price quote area.
- Sell Stop Indices Order Specifies to sell at a level below the current stock indices market price.
When selling, a pending sell stop order is executed as the stock indices market price goes down and hits the sell stop stock indices price quote area.
