I'm in Online Sharetrading, what do I need to know about limit orders?
Last Updated: 06 Oct 2014
- We won’t accept a limit order if we consider the limit price to be too far away from the prevailing market price of that stock. If this is the case, we will try to contact you by phone or email. However, you are ultimately responsible for replacing your order.
- Limit orders may be queued and depending on the volume of shares traded at the nominated price, may not be executed.
- You can amend or cancel a limit order, provided it has not already been executed.
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