Getting Filled during Extended Hours

[Nokita55855]

Hello,

can I get orders filled during extended Hours on Stocks on Earnings Release/during extreme Voaltility if I put in the order when the Stock wasn't as volatile? How realiable is excecution? Sometimes I can't buy/sell CFDs when the stock is extremely volatile. I can't imagine getting my Order filled at USD 103 Buy Order when the Stock shoots up from 100 to 110 on Earnings. What are the expieriences in live trading?

[Caseynotes]

42 minutes ago, Nokita55855 said:

Hello,

can I get orders filled during extended Hours on Stocks on Earnings Release/during extreme Voaltility if I put in the order when the Stock wasn't as volatile? How realiable is excecution? Sometimes I can't buy/sell CFDs when the stock is extremely volatile. I can't imagine getting my Order filled at USD 103 Buy Order when the Stock shoots up from 100 to 110 on Earnings. What are the expieriences in live trading?

Hi, yes your order should get filled during extended hours, a pending order will get filled before any at market orders though there is still the chance that there may be excessive slippage outside IG's tolerance level meaning a no fill. 

[Nokita55855]

20 hours ago, Caseynotes said:

Hi, yes your order should get filled during extended hours, a pending order will get filled before any at market orders though there is still the chance that there may be excessive slippage outside IG's tolerance level meaning a no fill. 

Thanky you for your answer. When have you realized extreme slippage so that your order wouldn't get filled? Wouldn't an Earnings Announcement be likely such an event were there is extreme slippage? I'm trying to time the moment when the price shoots up. 

What would happen if I would place a close order? Would slippage affect me less in that case because it would be a closing order?

[Nokita55855]

20 hours ago, Caseynotes said:

Hi, yes your order should get filled during extended hours, a pending order will get filled before any at market orders though there is still the chance that there may be excessive slippage outside IG's tolerance level meaning a no fill. 

one more add on, would I be able to determine a tollerance somehow? let's say a buy order at 103 up to 105 to make the fill more reliable?

[Caseynotes]

10 minutes ago, Nokita55855 said:

Thanky you for your answer. When have you realized extreme slippage so that your order wouldn't get filled? Wouldn't an Earnings Announcement be likely such an event were there is extreme slippage? I'm trying to time the moment when the price shoots up. 

What would happen if I would place a close order? Would slippage affect me less in that case because it would be a closing order?

no earnings announcements are less likely to be a problem, major news events over night or the weekend that might have a large impact on an entire sector can cause problems. Also you are less likely to have a problem with a pending order rather than trying to enter on a 'at market' order. Extreme slippage is rare and may cause a no fill due to IG's max tolerance limits, the problem with slippage generally is trying to get out of a trade rather than getting in.

18 minutes ago, Nokita55855 said:

one more add on, would I be able to determine a tollerance somehow? let's say a buy order at 103 up to 105 to make the fill more reliable?

you would need to check the platform you are using, for example on the mt4 platform there is a check box for 'allow maximum deviation from quoted price'.

[Nokita55855]

1 minute ago, Caseynotes said:

no earnings announcements are less likely to be a problem, major news events over night or the weekend that might have a large impact on an entire sector can cause problems. Also you are less likely to have a problem with a pending order rather than trying to enter on a 'at market' order. Extreme slippage is rare and may cause a no fill due to IG's max tolerance limits, the problem with slippage generally is trying to get out of a trade rather than getting in.

you would need to check the platform you are using, for example on the mt4 platform there is a check box for 'allow maximum deviation from quoted price'.

thank you very much mate, I think I will dig deeper with IG customer service but you helped me a lot