Operation Card - Place Order

1. Symbols available to trade

Live trading and backtesting are available for financial securities in each market. View the table below for the specific securities and symbols available to trade in your market.

Futures live trading is currently only available for trading accounts with Moomoo SG or FUTU HK and is not yet supported by accounts with Moomoo US or Moomoo AU. Futures trading involves high risks and is not suitable for all investors. The amount you could lose may be greater than your initial investment.

 

2. Order Type

Select the correct order type for your product from the available options when placing an order.

Market	Product	Limit Order	Market Order	Stop Market Order	Stop Limit Order	Market If Touched Order	Limit If Touched Order	Trailing Stop Market Order	Trailing Stop Limit Order
Hong Kong	Stocks, ETFs, Warrants, CBBCs, Inline Warrants	✓	✓	✓	✓	✓	✓	✓	✓
	Options	✓	X	X	✓	X	✓	X	✓
	Futures	✓	✓	X	✓	X	✓	X	✓
United States	Stocks, ETFs	✓	✓	✓	✓	✓	✓	✓	✓
	Options	✓	✓	✓	✓	✓	✓	✓	✓
	Futures	✓	✓	X	✓	X	✓	X	✓
China	A-Shares	✓	X	X	✓	X	✓	X	✓
	Non-A-Shares (For Backtests Only)	✓	X	X	✓	X	✓	X	✓
Singapore	Futures	✓	X	X	✓	X	✓	X	✓
Japan	Futures	✓	X	X	✓	X	✓	X	✓

 

3. Price

Limit (Lmt) Price: Set a specific price limit in multiples of the minimum price change unit. Otherwise, the order may not be accepted by the exchange.

Market (Mkt) Price: The order will be filled based on the security's last traded price.

Mid Price: The order takes the average of the best bid and asks prices, adjusted to the nearest integer multiple of the minimum price change unit.

Best Bid and Offer (BBO): Buy orders will be filled at the lowest sell price. Sell orders will be filled at the highest buy price.

 

4. Quantity (Qty)

The quantity of the order size depends on the type of security.

Shares

• For futures and options, 1 share equals 1 contract.

Lots

• For US stocks, 1 lot equals 1 share.

• For HK stocks, the lot size varies by securities.

• For A-shares, 1 lot equals 100 shares.

• For futures and options, 1 lot equals 1 contract.

Order size

When selecting Max Qty to Buy (Margin), Max Qty to Buy (Cash), Max Qty to Sell, Max Qty to Sell Short, or Max Qty to Buyback:

• The order size is rounded down to the nearest whole lot number after applying the specified percentage.

For example, to purchase 200 Tencent shares, an order for 60% of that amount results in an order for 100 shares. One lot of Tencent equals 100 shares.

For detailed information, refer to Condition Cards - Max Qty to Buy or Sell.

 

Related Articles:

How to Open and Close Positions

How to avoid repeated opening of positions

How to trade options with Algo

Losses can happen more quickly with quant and algorithmic trading compared to other forms of trading. Trading in financial markets carries inherent risks, making effective risk management a crucial aspect of quantitative trading systems. These risks include factors that can disrupt the performance of such systems, including market volatility leading to losses. Moreover, quants face additional risks such as capital allocation, technology, and broker-related uncertainties. It's important to note that automated investment strategies do not guarantee profits or protect against losses. The responsiveness of the trading system or app may vary due to market conditions, system performance, and other factors. Account access, real-time data, and trade execution may be affected by factors such as market volatility.

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. Our platform makes no representation or warranty as to its adequacy, completeness, accuracy or timeliness for any particular purpose of the above content.