ProOrder and Contracts with Decimals

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  • #6367

    Good morning all

    Quick question: does ProOrder allow placing orders for a number of contracts with decimals ? If yes, how ?

    In more details: I’m trying to place orders (on IG through ProOrder) on a quantity of contracts that has decimals: e.g. 1.5 contracts or 1.75 contracts. Manually in IG, it works fine.

    Through ProOrder, when I enter the code “Buy 1.5 contracts at market”, ProOrder buys only 1 contract at market (not 1.5). “Buy 1.75 contracts at market” also buys 1 contracts (not 1.75). It seems ProOrder is rounding down contract numbers to the closest integer.

    Any way to solve this ?

    Many thanks,

    #6391

    Hi Loeiz, it’s not possible.

    Trade protocol between the platform and the broker are limiting the contracts amount to a round number. It can’t have decimal.

    So you have to round it yourself to the closest amount round number you’d like to trade with the ROUND instruction.

     

Viewing 2 posts - 1 through 2 (of 2 total)

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