hello guyz,
i am often asked on what the meaning of limit-on-open order is.
What limit-on-open order is, is a type of limit order to buy or sell shares at the market open if the market price meets the limit condition. This type of order is good only for the market opening and does not last for the whole trading day.
A trader who believes that the market open is the best time to sell his or her shares may want to use a limit-on-open order. For example, say the trader holds 1,000 shares in ABC stock and wants to sell at the market open but also wants to guarantee that he or she will receive at least $50 per share. The trader therefore uses a limit-on-open order. If at open the shares trade above $50, the order will be executed, and if they trade below, the order will not be filled and then be canceled.
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explaining some online investment foreign exchange service provider evaluation, rating and compariso
(6 posts)-
Posted 5 months ago #
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while analyzing the current foreign exchange balance, you must pay little attention to primary sector industry related processes like, for example the fact that BBD-SGD rate will be affected by the slide in the cotton industry, and therefore will decrease, and concentrate on trade related reasoning like the assumption that the Barbados Dollar is believed to take a dive vs. the Singapore Dollar before March the 3rd.
Posted 5 months ago # -
anybody else??
Posted 5 months ago # -
bump
Posted 5 months ago # -
from what i understand the proposition that the Barbados Dollar is predicted to top versus the Singapore Dollar before March the 5th began surfacing around the time that the increment in the trade relations are gonna influence the foreign exchange in Singapore for the good (which if correct) may possibly be connected to the rising of the BBD.
Posted 5 months ago # -
what george2003 said
Posted 5 months ago #
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