Jump to content
  • 0

Share Trading platform - order input issues


h7

Question

Hey there,

Any chance of setting up the share Trading platforms so we don't have to re-input orders every day.

The CFD platform has done this since I joined. I'm sure others have asked on numerous occasions.

I'm also getting grief from the new traders I've introduced to the platform that this is a big issue for them.

Thanks in advance 

H

 

Link to comment

6 answers to this question

Recommended Posts

  • 0

To summarise from Investopedia: "Several exchanges, including the NYSE and NASDAQ no longer accept GTC orders, including stop orders. They have decided that such orders are a risk to investors who may see their orders executed an inopportune time due to temporary volatility in the market." 

We offer a pure DMA (direct market access) functionality where we don't come between your input order and the underlying exchange. Because the exchange themselves don't offer the order type, we don't either. Whilst some brokers do offer a sort of hybrid DMA where they take your order and automatically push a synthetic GTC order type (but automatically submitting your order as a new order every day), this isn't currently a function we provide. 

I appreciate that some clients do want this functionality, so I'm going to go and speak to our Head of Shares directly to relay feedback items such as this (as well as things like DRIP functionality etc). 

@h7 - this was the post. Apologies I didn't finalise the reply! 

Link to comment
  • 0

Hey there,

I don't have any GTC on the share platform. Yes I do Have GTC in the CFD platform.

The only choices I get in the Share platform is  - Limit Day 

                                                                                     - excecute & eliminate

                                                                                    - Fill or Kill

There is no GTC (Good till cancel)

Link to comment
  • 0

Hi there,

So far every stock has the same issue in the Share platform.

Which names am I talking about is your question............

These are just a few... There are many more.

..every stock I have tried to input into the Share Platform has no GTC available.

Australian stocks.

Telstra - No GTC available 

ANZ - No GTC available

NASDAQ

Netflicks (NFLX)- No GTC available

Eagle Bulk shipping (EGLE) - No GTC available

NYSE

Bank of America (BAC) - No GTC available

Genco Shipping & Trading (GNK)   - No GTC available

 

Is it me?  Am I logged into the wrong share platform ?

Can you tell me which stock has GTC. Just give me one name in the Share platform so I can test my system.

 

Regards 

H

Link to comment
  • 0
Guest oldpos

I don’t think this has been changed. I can only trade with day orders in any Australian stocks, never GTC.  That really means that if I put a buy in for 4000 stocks an hour before the market closes and I only buy 1 because of a stock price rise, the remainder is purged at the end of day with a brokerage cost of AU$8 for the purchase of only 1 share.

Surely I am missing something here!

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
      23,585
    • Total Posts
      96,915
    • Total Members
      44,156
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    DevonDazzlr
    Joined 01/12/23 06:04
  • Posts

    • USDCHF Elliott Wave Analysis Trading Lounge Day Chart, 1 December 23   U.S.Dollar/Swiss Franc(USDCHF) Day Chart USDCHF Elliott Wave Technical Analysis Function:   Trend Mode: impulsive   Structure: blue wave 1 Position:  Black wave 3 Direction Next Higher Degrees: Blue wave 1(may started) Details:  red wave 5 blue wave C of 2 looking completed between fib level 61.80 to 78.60  .Now blue wave 1 of 3 is in play .  Wave Cancel invalid level: 0.85548 The "USDCHF Elliott Wave Analysis Trading Lounge Day Chart" for 1 December 23, provides a detailed examination of the U.S. Dollar/Swiss Franc (USDCHF) currency pair within a daily timeframe, utilizing Elliott Wave principles for technical analysis. The analysis identifies the primary "Function" as "Trend," indicating a focus on discerning and comprehending the prevailing trend in the market. This suggests an emphasis on understanding the directional movements that could guide traders in their decision-making. The specified "Mode" is "impulsive," suggesting that the market is currently displaying characteristics of an impulsive wave. Impulsive waves are indicative of strong, directional movements in the market, signifying a potential trend in progress. The main "Structure" under scrutiny is "blue wave 1," implying that the analysis centers on the initial wave within a larger Elliott Wave structure. This indicates an attempt to capture the early stages of what could be a significant market movement. The designated "Position" is "Black wave 3," signifying the broader-degree wave within the Elliott Wave structure. This indicates that the analysis is conducted with a broader perspective, considering the potential third wave within a larger degree of trend. The directional guidance for "Next Higher Degrees" is "Blue wave 1 (may have started)," suggesting an anticipation of the initiation of a potential larger-degree trend. This aligns with the impulsive mode, indicating a strong move in the upward direction. Regarding "Details," the analysis notes that "red wave 5 blue wave C of 2 looking completed between fib level 61.80 to 78.60." This provides traders with a specific range of Fibonacci retracement levels within which the completion of the previous corrective wave is expected. The "Wave Cancel invalid level" is set at 0.85548, serving as a crucial reference point for potential invalidation of the current wave count. This level acts as a guide for traders, indicating potential trend reversals or confirmations. In conclusion, the USDCHF Elliott Wave Analysis on the daily chart suggests the potential commencement of an impulsive wave (blue wave 1) after the completion of a corrective phase. Traders are provided with insights into specific Fibonacci levels and a key reference point for potential trend reversals or confirmations in the broader trend. Technical Analyst : Malik Awais Source : Tradinglounge.com get trial here!    
    • USDCHF Elliott Wave Analysis Trading Lounge 4 Hour  Chart, 1 December 23   U.S.Dollar/Swiss Franc(USDCHF) 4 Hour Chart USDCHF Elliott Wave Technical Analysis Function:   Trend Mode: impulsive   Structure: blue wave 1 Position:  Black wave 3 Direction Next Higher Degrees: Blue wave 1(may started) Details:  red wave 5 blue wave C of 2 looking completed between fib level 61.80 to 78.60  .Now blue wave 1 of 3 is in play .  Wave Cancel invalid level: 0.85548 The "USDCHF Elliott Wave Analysis Trading Lounge 4 Hour Chart" dated 1 December 23, delves into the intricacies of the U.S. Dollar/Swiss Franc (USDCHF) currency pair within a four-hour timeframe. The analysis employs Elliott Wave principles to decipher the market's structure and potential future movements. The identified "Function" of this analysis is "Trend," indicating a focus on determining and understanding the prevailing trend in the market. This suggests that the primary objective is to identify directional movements that could guide traders in making informed decisions. The specified "Mode" is "impulsive," suggesting that the market is currently exhibiting characteristics of an impulsive wave. Impulsive waves are typically associated with strong directional movements in the market, indicating a potential trend in progress. The primary "Structure" under examination is "blue wave 1," implying that the focus is on the initial wave within a larger Elliott Wave structure. In this context, the analysis aims to capture the early stages of what could be a significant market movement. The designated "Position" is "Black wave 3," signifying the broader-degree wave within the Elliott Wave structure. This suggests that the analysis is conducted with a broader perspective, considering the potential third wave within a larger degree of trend. The directional guidance for "Next Higher Degrees" is "Blue wave 1 (may have started)," indicating the anticipation of the commencement of a potential larger-degree trend. This aligns with the impulsive mode, suggesting a strong move in the upward direction. Regarding "Details," the analysis notes that "red wave 5 blue wave C of 2 looking completed between fib level 61.80 to 78.60." This provides traders with a specific range of Fibonacci retracement levels within which the completion of the previous corrective wave is expected. The "Wave Cancel invalid level" is set at 0.85548, serving as a crucial reference point for potential invalidation of the current wave count. Traders can use this level as a guide for confirmation or reversal signals. In conclusion, the USDCHF Elliott Wave Analysis on the 4-hour chart suggests the potential beginning of an impulsive wave (blue wave 1) after the completion of a corrective phase. Traders are provided with insights into specific Fibonacci levels and a key reference point for potential trend reversals or confirmations. Technical Analyst : Malik Awais Source : Tradinglounge.com get trial here!    
    • Elliott Wave Analysis TradingLounge Daily Chart, 1 December 23, Polkadot / U.S. dollar(DOTUSD) DOTUSD Elliott Wave Technical Analysis Function: Follow Trend Mode: Motive Structure: Impulse Position: Wave 1 Direction Next higher Degrees: wave (1) of Impulse Wave Cancel invalid level: Details: Wave 1 may have ended and prices are entering. Correction in Wave 2 Polkadot / U.S. dollar(DOTUSD)Trading Strategy: The rise in wave (1) appears to have ended at the 5.876 level and the price is entering a correction period in wave (2), where the retracement of wave (2) is usually at .50 or .618 x volatility. Long Wave (1) Therefore, Theta Token's trend is still up. A reversal is just a correction to continue the wave (3). Polkadot / U.S. dollar(DOTUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, Wave Oscillators a Bullish Momentum. TradingLounge Analyst: Kittiampon Somboonsod, CEWA Source : Tradinglounge.com get trial here!         Elliott Wave Analysis TradingLounge 4H Chart, 1 December 23, Polkadot / U.S. dollar(DOTUSD) DOTUSD Elliott Wave Technical Analysis Function: Follow Trend Mode: Motive Structure: Impulse Position: Wave 1 Direction Next higher Degrees: wave (1) of Impulse Wave Cancel invalid level: Details: Wave 1 may have ended and prices are entering. Correction in Wave 2 Polkadot / U.S. dollar(DOTUSD)Trading Strategy: The rise in wave (1) appears to have ended and the price is entering a correction period in wave (2), where the retracement of wave (2) is usually at .50 or .618 x volatility. Long Wave (1) Therefore, Theta Token's trend is still up. A reversal is just a correction to continue the wave (3). Polkadot / U.S. dollar(DOTUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, Wave Oscillators a Bullish Momentum.    
×
×
  • Create New...
us