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Futures / Options Orders

Contingent Orders

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Electronic Contingent Orders

XPRESSTRADE is the first and only Internet futures broker to give you the ability to enter a primary order and up to two contingent orders simultaneously, totally on your own, without having to rely upon a human broker! This feature is ideal when you'd like the XPRESSTRADE system to automatically place a stop order for protection or a limit order at your profit objective after your primary order's been filled. Contingent orders may be entered either at an exact price or at a specified distance from the price at which your primary order is executed. When your primary order has been executed and the fill has been reported to the XPRESSTRADE system, your contingent orders are immediately activated. Depending on the market you're trading, these orders are routed directly to electronic trade matching engines (such as Globex2), electronic order management devices used by floor brokers standing in the trading pits, a trading desk on the exchange floor, or the XPRESSTRADE Trading Center. Electronic contingent orders are an XPRESSTRADE exclusive. No other online futures broker offers you this kind of convenience and control — you won't find this order type anywhere else!

 

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