Conditional Order Set

Conditional orders allow you to place buy/sell orders at your desired target price when stock prices fluctuate based on predefined conditions. This helps you minimize risks and seize buying or selling opportunities during unexpected market movements.

LO – GTC (Limit Order – Good Till Canceled):

• Applicable Market: Underlying securities and derivatives.
• No trigger price or specific activation method is required.
• The order is triggered when the placed price satisfies the daily price ceiling or floor limits of the trading session.
• The LO-GTC order can be activated multiple times until it reaches its expiration date or the entire order volume has been executed.
• The sub-order created from this conditional order is a Limit Order (LO).

Stop – Limit Order (STO)

• Applicable Market: Underlying securities and derivatives.
• Usage purpose:
  • To cut losses:
    • For underlying securities: Use STO sell orders.
    • For derivatives: Use STO orders in both directions (buy/sell).
  • To buy/open a position when the price exceeds the expected level:
    • For underlying securities: Use STO buy orders.
    • For derivatives: Use STO orders in both directions (buy/sell).
    • The sub-order from this conditional order is a Limit Order (LO).

Trailing Stop Order (TSO)

• Applicable Market:Underlying securities and derivatives.
• Usage purpose:
  • To cut losses:
  • To buy/open a position.
• Activation Condition: Similar to the Stop Limit Order (STO)
• Order Components:
  • Trail Amount (Margin): Used to determine the stop price.
  • Price Step: Used to determine the order price.
• The sub-order from this conditional order is a Limit Order (LO).

OCO Order (One Cancels the Other)

• Applicable Market: Underlying securities and derivatives.
• Principles:

• • LO1 (Limit Order 1) is partially or fully executed.
  • A STO (Stop Limit Order) is triggered, which will automatically cancel LO1.
• Usage purpose:

• OCO Buy: To buy securities.
• OCO Sell: To take profit or cut losses.
• Sub-order:
  • STO (Stop Limit Order)
  • LO (Limit Order):
    • Limit Order during the session.
    • Limit Order – Good Till Canceled (LO – GTC).

TP/SL Order (Take Profit/Stop Loss)

• Applicable Market: Underlying securities and derivatives.
• Sub-Orders: The sub-order for TP/SL is a market order, which does not have a specified price:
• • HSX (Ho Chi Minh Stock Exchange): MP Order.
    HNX (Hanoi Stock Exchange): MAK Order.
    UPCOM: Buy at ceiling price or sell at floor price.
• Activation Conditions and Stop Price: The activation conditions and stop price are similar to those of a STO (Stop Limit Order).
• Key Features:
  • Sell Only: TP/SL orders are only applicable for selling.
  • Order Volume: The placed volume must be ≤ the available volume.
  • Reduce Only Feature: The placed volume is automatically adjusted according to the remaining available volume.
  • Placing LO (Limit Orders) to buy does not affect TP/SL orders.
  • TP/SL orders are by default set as multi-day orders.

Please refer to the detailed guide for conditional orders here:

Guide for conditional orders: https://www.bsc.com.vn/News/NewsAttachedFile/1011928

Video: https://youtube.com/watch?v=ITOJi2YDuoI