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What are the foreign exchange trading instructions?
Market trading, that is, trading immediately according to the current quotation of the bank; Entrusted transaction, commonly known as pending order transaction, means that investors can send trading instructions to banks first. When the bank quotation reaches the exchange rate level that investors want to close the position, the bank computer system will immediately close the position according to the investor's entrustment instruction. The convenience brought by the entrusted trading instruction to customers is that customers do not need to pay attention to the changes in the foreign exchange market at all times, saving a lot of time. However, customers also need to be cautious when using entrusted trading instructions, especially when the entrusted trading instructions for opening positions are not operated according to the entrusted trading instructions for stop loss. The foreign exchange market is changing rapidly, so it may bring you great risks to use the entrusted trading instruction rashly.