Market opening gap – BUY orders

PENING GAP

While discussing the different types of orders, it is worth to mention how they are executed in the event of a market opening with a gap (the opening price of the market in a given session differs from the closing price of the previous session).

In such a situation, both Limit and Stop orders will be executed at the first available price that occurs in the market, meeting the conditions for activation of the order. The individual types of orders will be discussed using the following examples:

BUY ORDERS:

DE30 ended the trading session at BID/ASK 12500.0/12501.0

Buy Limit order for 10 lots, set at 12450.0

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