X

Trade the way that suits you

Target Close algorithmic instruction

Share

This algorithmic instruction targets participation in the ASX Closing Price Auction or in the period immediately prior to the ASX Closing Price Auction up to a defined limit price.

  1. Select your trading account from the top of the order ticket.
  2. Enter your stock code (or you can find codes by clicking on the Find Codes link)
  3. Select your order type; Buy or Sell
  4. Choose your quantity
  5. Set instruction to Target Close (under Algo Orders)
  6. Expiry is Day only
  7. Enter your chosen Limit price (for buys, this would be the most you would want to spend per stock, for sells, this would be the lowest price you are willing to receive per stock) 
  8. Enter your trading PIN
  9. Click Place Order to submit this to market
CMC Markets

Open a share trading account

Trade shares with CMC Markets Invest and take advantage of Australia’s lowest brokerage.

Open an account

The Artful Trader

New Podcast Series

Listen now

Open a share trading account

Access our full range of share trading products, share trading tools and features.

Share trading account

Why trade shares with CMC Markets ?

Find out more
TOP
Support x

Welcome to CMC Markets Support!

To begin, please select the product your query is related to.

Share investingWhat's this?
Buying and selling shares on the stock exchange
CFDsWhat's this?
Leveraged trading on the open and close price of a trade