The stop order on LBank Futures platform is a combination of stop loss order and take profit order. The system will decide an order is a stop loss order or a take profit order based on the price level of trigger price against the last price or mark price when the order is placed.
| Buy/Sell | Price Level of Trigger Price | Type of Stop Order |
| Buy Order | Trigger Price≥Latest Price (Last Price or Mark Price) | Stop Loss Order |
| Trigger Price<Latest Price (Last Price or Mark Price) | Take Profit Order | |
| Sell Order | Trigger Price≤Latest Price (Last Price or Mark Price) | Stop Loss Order |
| Trigger Price>Latest Price (Last Price or Mark Price) | Take Profit Order |
Comments
0 comments
Article is closed for comments.