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limit order when market is closed


twu1234

Question

Hi everybody 

very simple newbie question.

Using the (german languaged) IG web based platform I tried to place a limit order while market is closed.

e.g current price is 80 and I want buy only below 90 (i.e. set a limit of 90)

In this case the order shows at the bottom in green "Stop order platzieren" (in english probably "place stop order")

What does this mean? Does this trigger a buy only when 90 is REACHED?

Or does it buy also e.g. at 85? (which is what I want)

Thanks

 

 

 

  

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