PRICE TOLERANCE THRESHOLD
When trading with Spreadex you can set your own Price Tolerance Threshold to assist you in more quickly placing trades during times of extreme market volatility.
This means you set a threshold on a price change you are happy to accept when placing a trade, in either number of points or a % away from your target level.
E.g. if you set a price tolerance of 3 points and tried to buy the UK 100 at 7541.8, this means you can still get a trade on at any point up to 7544.8 if the market moves while you are placing your trade.
Of course you will still get the very best price available, it doesn't mean the price will be at the upper level. However, should the price jump past your threshold of 7544.8 the trade will be rejected.
UNLIMITED TOLERANCE
If you are keen to get a trade on at any level regardless of extreme movement, you can use a Market Order.
This will execute your trade at whatever the price is when we receive the bet request, no matter how far the price jumps (assuming you have sufficient funds to place the trade and that the bet is not referred for any other reason).
You can find out more information on both these facilities in My Account when logged in to your Spreadex account.
