Currently, VPS offers a system of conditional orders to support clients in derivative securities trading, including the following types:
- Stop Order: A pending order with a predetermined set price and activation price. When the market price exceeds or falls below the activation price, the order will be pushed into the system at the price level set by the client.
- Stoploss/Take profit Order: An order to open a position with conditions for profit-taking or stop-loss, aimed at preserving profits or limiting risk within the investor's acceptable range.
- Trailing stop Order: An order with automatically adjusted Buy/Sell prices to closely follow the market trend and achieve the most optimal price level.
- One Cancels Other (OCO) Order: An automatic profit-taking or stop-loss order, typically used for existing positions, to preserve profits or limit risk within the investor's acceptable range.
- Arbitrage Order: A conditional Buy/Sell order for simultaneously trading two derivative contracts with varying expiration dates to profit from price differentials.
These types of conditional orders are updated across all VPS derivative trading platforms.