Basic order limit?

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#1

Hi,

Does anyone know if there’s an upper limit for selling when using the Basic Order? I realise there’s a £25,000 limit for setting a Limit Order. Does the Basic Order have this restriction too?

So if I wanted to sell for £100,000, could I do this in one go, or would I need to make four Basic Orders at £25,000 each?

Thanks!

#2

Yes 25k limit is for all US orders I think. They’ll go through at 3pm but obviously you could do it manually at 2.30 market open.

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