Auto-switching from Limit to Stop order
Last updated 23/05/2023
Automatically switches the order type from Limit to Stop-Order if the Limit order is executed at the market price after its creation.
1. Keep order type as Limit
In this case, order type does not change.
2. Auto-switching to Stop order is enabled
If the price of a Limit (L) buy order is higher than the current price when created, the order type will be replaced with a Stop Market order.
If the price of a Limit (L) sell order is lower than the current price when created, the order type will also be replaced with a Stop Market order.
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