Volume Trigger
A specified total volume of stock can be set as a condition that must be reached within a trading day. This volume must be greater than zero. The order will only be activated once the nominated volume threshold has been achieved. The calculation includes all On Market trades, adjusted for any trade cancellations, and excludes Off Market trades.
Time Trigger
A start time may be selected to ensure the order is not activated before a particular time. Alternatively, a finish time can be specified so the order will not activate after a certain time. Each option operates independently, allowing the use of a start time, a finish time, or both. This flexibility enables greater control over when conditional orders may trigger, including the ability to avoid periods such as market open or market close.
Cross Stock Trigger
Trigger conditions may be set using the price movement of a different stock from the one being bought or sold. For example, if the last traded price of BHP is greater than or equal to $30.65, an order can be placed to buy 500 shares of RIO at $2.10. This feature is particularly useful when price movements in one security are expected to influence, or closely correlate with, movements in another security.