Pro platform order ticket

Learn how to place an order on our Pro platform. Also learn about all the features and options that can be accessed through the order ticket to make trading easier.

The CMC Invest Pro platform offers a variety of features accessible through the order ticket, which is a key tool for placing trades.

Order tickets

To open the order ticket, click any bid or offer button on the platform or use the product context menu available next to any product within the Pro platform. When opened, the order ticket displays the product code in the top field.

To change the product, search by typing the company name, which will bring up matching products across different markets. Selecting a product from this list updates the product field. If you know the instrument code, it can be entered directly into the product field.

For traders with multiple share trading accounts, a dropdown menu at the top of the order ticket allows switching between accounts, enabling trades to be placed from the desired account.

The order ticket displays the last traded price alongside live bid and offer prices for the selected product. Users can choose to buy or sell by clicking the respective buttons.

To support further price research, the order ticket provides access to ‘depth’ and ‘sales’ data, showing details from the last five trades. For a more comprehensive view, these modules can also be accessed from the product context menu.

Placing a trade

When placing a trade, the amount to invest or the quantity of shares to buy or sell must be entered. The platform supports advanced order instructions to help protect trades from adverse market movements. Using the dropdown selector, a ‘Limit’ order option can be chosen to specify a maximum buy price or minimum sell price. The trade will only execute if the market reaches the set limit price.

A ‘Market’ order executes immediately at the current market price.

Orders can have expiry conditions applied: ‘Good till Cancelled’ (GTC), ‘Day Only,’ or a specific expiry date for domestic shares. For international shares, orders must specify the quantity and limit price, and are limited to ‘Day Only’ expiry.

Advanced trade conditions include ‘TriggerPrice’ and ‘Volume.’ A trade with a TriggerPrice will only be placed if the price reaches or falls below the specified level. Adding a Volume condition requires that the product trades a certain volume at the TriggerPrice before the order is triggered.

Adding stop loss to a trade

Stop loss triggers are available to limit losses by automatically closing a position if adverse price movements occur. The order ticket displays the estimated potential losses when a stop loss limit is set.

Similarly, a take-profit condition can be added to automatically exit a position once a target profit is achieved. The estimated profit is also shown on the order ticket.

Once all trade parameters are configured, estimated fees and costs, including foreign exchange rates for international shares, are clearly presented at the bottom of the order ticket.

To confirm the trade, the trading PIN is entered, followed by clicking the 'Place Order' button.

For more information, read more platform quick guides, tutorial videos, and learn articles.