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Order too far from last traded price


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Hi 

Very new to this.  Trying to buy some shares in Cineworld.  I want to put in a limit order below the current price.  I cannot get the order to confirm.  I just keep getting a message "Order too far from the last traded price."  Surely I should be able to put a Buy request in at any price regardless of how realistic or not it is?  It was trading around £89.50.  Put in an order at 8750, 8800 and 8900.  Same error.  Can anyone assist?

Thanks in advance

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  • 1 month later...
On 24/05/2021 at 21:57, Sjd101 said:

Hi 

Very new to this.  Trying to buy some shares in Cineworld.  I want to put in a limit order below the current price.  I cannot get the order to confirm.  I just keep getting a message "Order too far from the last traded price."  Surely I should be able to put a Buy request in at any price regardless of how realistic or not it is?  It was trading around £89.50.  Put in an order at 8750, 8800 and 8900.  Same error.  Can anyone assist?

Thanks in advance

Hi @Sjd101,

The last traded price will display on the platform, form there you will need to place an order close to the last traded to be executed at the opening.
I believe that in your case, you should try to put in 87.50, 88.00 and 89.00.

I hope that it helps!

All the best - Arvin

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