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Operations—place order

1. Types of [Symbol]


2. Explanation of [Type]

The type of order that can be placed varies with each symbol. You need to select the applicable type when placing an order.


3. Explanation of [Price]

Lmt Price: You can specify an order price. But be aware that the specified price needs to be an integer multiple of the spread, i.e., the smallest allowable change in share price. Otherwise the order may not be submitted to the exchange.

Mkt Price: the last price of the symbol.

Mid Price: (best bid price + best ask price)/2, as adjusted to the nearest integer multiple of the spread.

BBO: the best ask price in the case of a sell order; the best bid price in the case of a buy order.


4. Explanation of [Qty]

Buyable on Margin: After being multiplied by a percentage, it will be automatically rounded down to the nearest board lot. Assume you can buy on margin 156 shares of Tencent Holdings, and you place an order for 100% of that quantity. The final order size will be 100 shares (1 lot of Tencent Holdings is 100 shares).

Buyable on Cash: After being multiplied by a percentage, it will be automatically rounded down to the nearest board lot.

Sellable Positions: After being multiplied by a percentage, it will be automatically rounded down to the nearest board lot.

Shortable: After being multiplied by a percentage, it will be automatically rounded down to the nearest board lot.

Short Positions: After being multiplied by a percentage, it will be automatically rounded down to the nearest board lot.

This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors.  It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeliness for any particular purpose of the above content.