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Global Trader

Order Types


Capital 19 support over 50 order types, from the most basic limit order to advanced trading to the most complex algorithmic trading, to help you execute a wide variety of trading strategies. Traders can quickly create and transmit orders directly from the platform.

  Limit Risk     Time the Market
    Limit your risk by using Bracket, Stop, Trailing and Adjustable Stop orders, and more.       Control when your order executes using one of these order types and Time-in-Force settings: All-or-None, Good-Til-Cancelled, Fill-or-Kill and more.
 
  Speed of Execution     Advanced Trading
    If speed of execution is a priority, choose from the most basic Market orders to Market-If-Touched and Pegged-To-Market orders and more.       Our platform includes order types that help you execute more advanced order strategies, such as Basket, Conditional, Spread and Volatility orders.
 
  Algorithmic Trading     Provide Price Improvement
    Need to balance market impact with risk to achieve the best execution for your large volume orders? Try our Algos, advanced trading algorithms that help implement optimal trading strategies for US Equities and US Equity Options. You can easily set up Algo orders from the C19 GlobalTrader platform.       Capital 19 provides many order types that help you get the most favourable price, including Limit, Box-Top, Limit-On-Close, Limit-If-Touched and more.
 
  Allow Privacy        
    Hide all or part of the quantity of your large volume order from the market using our Hidden or Iceberg/Reserve orders.        
 

The following orders are some of our most popular:


 

  • A Market order is an order to buy or sell an asset at the bid or offer price currently available in the marketplace.

  • A Limit order is an order to buy or sell a contract at a specified price or better.

  • A Stop order becomes a market order to buy or sell securities or commodities once the specified stop price is attained or penetrated. Generally buy stops will be placed above the market and sell stops below. The commonly used stop loss gets its name from being a stop order.

  • A Trailing stop for a sell order sets the stop price at a fixed amount below the market price. If the market price rises, the stop loss price rises by the increased amount, but if the stock price falls, the stop loss price remains the same. The reverse is true for a buy trailing stop order. The amount above or below the market can be either a $ figure or a %.

  • Bracket orders are designed to help limit your loss and help lock in a profit by "bracketing" an order with two opposite-side orders using the same quantity as the original order. Using this order type creates both a stop below the market (for longs) and a target above the market.

  • An Adjustable Stop changes to another kind of stop order (eg a stop at a higher price or into a trailing stop) once the trigger level is met.

  • Spreads - A combination of individual orders (legs) that work together to create a single trading strategy. You can combine stock, option and futures legs into a single spread.

  • One Cancels All - Orders in a one-cancels-all group of orders will be cancelled when one of the other orders executes.

  • A Conditional Order is an order that will automatically be submitted or cancelled ONLY IF specified criteria for one or more defined contracts are met.

  • Market on Open and Market on Close order types are only available on US Stock at the moment but can be replicated for other markets such as futures using the conditional order builder.

  • A Hidden order (generally a large volume order) shows no evidence of its existence in either the market data or the deep book.

  • There are many other order types available so please ask us if you have a specific requirement but cannot see it here.