How to Place a Click and Deal Order
|Top Previous Next|
This is the default execution mode in Delta Trading 6.
What is a Click and Deal execution mode?
Click and Deal is a mode in which orders are executed at the price obtainable on the market at the moment, rather than the price at the time you placed the order. During high market volatility, prices change rapidly and the price at the moment the order is executed might differ from the price you saw when you plased the order. The order will be executed at the new price and you will not have the option to accept or reject the new price, as it is in the Market Execution mode - i.e there is no re-quote.
Always remember that when Click and Deal mode is ON, each click will force a deal, and the price of the deal might differ from the requested price!
You can deactivate/activate the Click and Deal mode by clicking the Click and Deal check-box in Settings window.
A warning board opens after you have checked the Click and Deal option if Click and Deal activation warning check-box is checked:
When the Click and Deal option is activated, you can place a new order with a single click on the Sell or Buy buttons situated below the Bid/Ask price. You only have to enter the lot size of your orders (New order window or Price window).