Our range
of Orders are incredibly flexible and whilst they can be used to minimise downside risks, they can also be used to maximise your trading potential on any future price trends that you may
foresee.
You can use Orders to open new positions in
the future when prices reach a specific level pre-determined by you, at which you
would like to buy or sell. This means that should you spot a trading
opportunity, be it at current or future market levels, there is always the possibility
of maximising your trading potential.
Opening
Order Example: Sainsbury Rolling Bet
For the purposes of this example, our Sainsbury
price is trading at 319p/320p. Over the last few days there has
been a surge in Sainsbury’s share price, causing it to rally over 5% on hopes
of a better-than-expected set of earnings.
You believe that Sainsbury’s share prices
will hit resistance should they reach a level of 330p, which will then cause prices to fall, thus representing a potential sell opportunity. You can use our wide range of orders
to profit from this potential new trend.
You place a new opening order to sell £10
per point of a Sainsbury Rolling Bet, when prices reach 330p. This means that
as soon as the sell price of our Sainsbury's market reaches 330p, your order
will be triggered and our systems will automatically enter you into a new sell
trade of £10 per point.
At City Index, our range of multi-access platforms enable you to place as well as monitor your orders. Orders can be placed either through our
online platform or mobile and iPhone Apps and are a great tool to
ensure that you don’t miss out on price moves without having to monitor market
prices constantly.