Setting trigger conditions: additional optional triggers

Volume trigger

You can choose a specified total volume of stock that must be traded for a stock on a given day. This amount cannot be zero or negative. Your order will only go ahead if this specified volume has been met. The volume includes On Market trades, adjusted for trade cancellations and excludes Off Market trades.

Time trigger

You can choose a start time so the order will not be trigger prior to this time. Alternatively, you can choose a finish time so the order will not be triggered after this time. These triggers are independent of each other, you may solely choose a start or a finish time or use both and prevent your conditional orders from triggering during certain periods for example on market open or market close.

Cross Stock trigger

You can set trigger conditions based on a different stock than the one you wish to buy or sell, i.e. if the last traded price for BHP is ‘greater than or equal to’ $30.65, buy 500 RIO at $2.10. This is useful when you believe a movement in one stock is closely linked to or will lead to the movement in another stock.