Market if Touched

A market if touched order is designed to buy (or sell) a contract when the market goes below (or above) the current price. The Aux. Price value is the trigger to submit the market order.

To create a Market if Touched 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 MIT as the order type.
3. In the Aux. Price field, enter the "touched" price to trigger the order.
4. To transmit the order, click the "T" in the Status field.

 

For a more detailed description of Market if Touched orders visit the Order Types information page.