Scaling out limit orders

[Guest Dan]

Any chance of developing scaling out limit orders? City Index offer this service and its very useful. With IG you can scale out but I have to do it manually rather than via an automatic order.

[LukeM]

Hi , I'm a bit confused what you mean by 'scaling out'? 

 

Are you referring to orders that cancel one another if one it triggered? This is known as OCO or 'one-cancels-other' and isn't something that we currently offer. However we've had clients feed this back to us before and it is in the pipeline to be built, I don't have an ETA at the moment for you but we'll let you know when you'll be able to place them!

 

Edit: Apologies , just realised what you were referring to with 'scaling out'. We don't offer this at the moment, nor is it on our current roadmap. I'll pass your feedback onto the IG development team however, as it may something for future consideration.

 

Thanks,
Luke

[Guest Jay1]

I would also vote for a scaling out option.

[Guest JWSM]

I also would vote for scaling out option, but also OCO option. Any news on when the OCO option will be introduced?

 

Thanks

James

[HannahL]

Hi all,

 

Hopefully you'll be pleased to hear that we're currently working on a new web trading platform feature which allows working orders to net off with existing orders rather than force open, which would essentially perform the OCO functionality.  This is something we hope to implement in the coming months, so watch this space.

 

Please keep the feedback coming regarding other features you would like to see introduced!

 

Thanks,

 

Hannah

 

 

[Guest Cosmic1]

This would make the IG platform the best in the market. All the other Spreadbet companies already offer this in one form or another.