Linked Orders
Improve your risk management by applying entry and exit strategies
Improve your risk management by applying entry and exit strategies
Thank you for your interest in BOQ Trading. As of 9 April 2023, we will no longer be accepting new applications for BOQ Trading accounts. Applications received up to and including 8 April will continue to be accepted and processed normally.
All existing BOQ Trading customers can continue to use their trading account and can access their account through the link below.
If you have questions about BOQ Trading applications or existing trading accounts, you can contact us by phone or email.
BOQ Trading Helpdesk:
Call us on 1800 748 977
Email us on helpdesk@boqtrading.com.au
Linked Orders allows you to use Stop Loss and Take Profit Orders to help improve your risk management by applying entry and exit strategies. This system also brings with it an improved order ticket and simplified Conditional Orders.
With the Linked Orders System, orders will now be placed via a page within the site rather than a separate pop-up window. This improved layout will allow you to view more information about your current Open Orders and Account Balances, as well as full market information including quote, depth and course of sales data.
If you prefer a pop-up style order ticket, you can open a "quick ticket" from the trading menus. The quick ticket has less information on it but is ideal if you want to setup a number of orders at the same time. You can even set the Quick Ticket as your default if you like - just go to the Trading Settings tab in the Preferences section (note that Amends and Cancels will always open in the full page ticket).
With the Linked Orders System, order types are simpler. There are just Buy Orders and Sell Orders. Plus, any Order can be made conditional by adding a condition to it via the Add Condition link.
Linked Orders provide you with the option to plan your entry and exit strategy. Orders can now be broken down into legs that will execute sequentially or in parallel as a One Cancels the Other Order, if they suit your trading strategy. By adding a risk management strategy to your trading you can take the emotion out of it.
Our Terms and Conditions have been updated to include the Linked Orders System. Any orders you place on the new Linked Orders System using the new order ticket will be subject to these amended Terms and Conditions.