Please view the video below for an example on how to place a stop order, and the proper time to use a stop order. 





STOP ORDERSStop orders are available as an order type.  You select stop orders in the Price Type field.

  • S-STP (Server-side Stop)(Also works for stop limit orders If you select a certain price , See video for more detail)

  • T-STP (Trailing Stop)

 

When selecting a stop order, the Price field becomes your stop price.


  • S-STP (Server-side Stop Market)orders are available only for execution destinations that support market orders.
    • Only DAY stop orders are supported (9:30 AM – 4:00 PM ET).
    • Price election will be checked between 9:30 AM and 4:00 PM ET only.
    • Price is not going to be elected if the market is crossed.
    • Only NBBO (National Best Bid and Offer) prices will be used to determine the current market.
    • All Server-side Stop orders will be canceled automatically if the market quotes are lost or if a system malfunction is detected.




Still have questions? Please reach out to our Support Team, and we'd be happy to help.


Still have questions? Please reach out to our Support Team, and we'd be happy to help.