Limit-On-Open

A LOO (limit-on-open) order is a limit order executed at the market's open if the opening price is equal to or better than the limit price.

To create a LOO order

1. Click the Ask price to create a BUY order, or the Bid price to create a SELL order.
2. In the Type field, select LMT as the order type.
3. In the TIF field, select OPG as the time in force.
4. To transmit the order, click the "T" in the Status field.

 

For a more detailed description of LOO orders, visit the Order Types information page.