How can I cancel my SBI account
frequently asked Questions
Stop orders are placed stating a stop limit (stop price) and, after the stop price has been reached, as a market order (stop market order) or, if an execution limit is also specified, as a limit order (stop limit order) Order book discontinued.
A price with sales determined after receipt of the stop order is decisive for reaching the stop price. In continuous trading, the lowest-limited sell order in the order book is decisive for triggering stop orders in sell and the highest limited buy order in the order book is decisive for triggering stop orders in buy. Stop orders are not visible in the order book until the stop price is reached.
Participants indicate in the order the intended purchase or sale volume expressed in the respective cryptocurrency. Market and stop market orders that relate to the purchase of cryptocurrencies are excluded; Here the participant specifies the intended purchase volume in euros (€). Such market and stop market orders may result in unexecutable residual volumes; these are automatically removed from the trading system.
Further information can also be found in the basic and risk information for private customers.
Selling with stops:
If you place a sell order with a stop, the best sell price in the order book or the trade with volume is the triggering price. As soon as the trigger is reached, the sell order is transferred to the order book according to the number of units and, if applicable, the limit price.
Buy with stops:
If you place a buy order with a stop, the best buy price in the order book or the trade with volume is the triggering price. As soon as the trigger is reached, the buy order is transferred to the order book according to the amount or the number of units and, if applicable, the limit price.
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