Pending order

A pending order (or limit order) is an order placed in the system aimed to execute a position once your selected target rate or better is reached.

An order will be executed if the current market rate of an instrument reaches the selected target rate and it can be executed within a range of this rate depending on market movements and volatility.

This type of order will stay open until it is executed or you decide to close it.

For more details regarding the Order Tab, please click here.