The minimum value for placing equity pending orders has been temporarily raised to 100 of the instrument’s currency. As an example, for a USD instrument, the minimum would be $100, while for a EUR instrument, it would be €100.
This adjustment was made for two main reasons:
- The significant volume of small pending orders, reported by stock exchanges. This sometimes triggers red flags for various market manipulation tactics. We’ll be looking for a solution to filter only some of the pending orders but until then, there has to be a hard limit.
- The huge number of small pending orders awaiting execution after 14:30 GMT+1 slows down the processing time of our execution intermediary. We are working with them to resolve the bottleneck.
*Market orders’ minimum requirements (1 GBP/1 EUR) have not been adjusted.*
UPDATE: The minimum value for pending orders has been reduced from 100 EUR/USD to 50 EUR/USD.