Optimisation on Limit Order Rules Notice
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21 April 2025,09:59

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Optimisation on Limit Order Rules Notice

21 April 2025, 09:59

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Dear Valued Client,

PU Prime has implemented an optimisation to the rules governing pending orders, effective 21 April 2025. This enhancement is designed to improve order execution accuracy and contribute to greater market stability.

When placing a pending order, a minimum price distance known as the “stop level” must be maintained between the order price and the current market price. This rule also applies to all take-profit (TP) and stop-loss (SL) settings.

Stop Level Requirements by Order Type:

Order Type Stop Level Requirement
Buy Limit Must be less than or equal to the current ask price
Sell Limit Must be greater than or equal to the current bid price
Buy Stop Must be greater than or equal to the current ask price
Sell Stop Must be less than or equal to the current bid price

Important Note:

  • All pending orders and related TP/SL settings must meet these requirements to be successfully placed.
  • Buy Stop orders, Sell Stop orders, Stop-Loss (SL) orders cannot be placed within the spread range.
  • Buy Limit orders, Sell Limit orders, and Take-Profit (TP) orders can be placed within the spread.

If you have any questions or require any assistance, please contact our support team via Live Chat, email: info@puprime.com or phone +248 437 3105.

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