Conditional Orders for Buying
We have reintroduced a feature that lets users create conditional buy orders based on specific NAV. Users can now set buy orders to execute only when the NAV hits a predefined threshold, which can be up to 60% below the current value. Once the condition is met, the buy order is automatically placed, and the user is notified to complete the payment. The purchase order will be allocated based NAV of the day funds are realised at the clearing corporation. These orders are valid for one year and will be automatically deleted if the condition is not met within that time. These orders will reflect with a Conditional tag in the Pending Order tab on the orders page.
Conditional Orders for Selling
Similarly, we have introduced conditional sell orders, allowing users to set NAV thresholds to trigger redemption orders. Users can set this trigger for a NAV that is up to 100% higher than the current value. Once the trigger condition is met, the sell order will be automatically placed, and the user will be notified. The order will then be processed based on the NAV of the trigger date. These conditional sell orders will also remain valid for one year and will be automatically deleted if the trigger condition is not met within that time frame. These orders will reflect with a Conditional tag in the Pending Order tab on the orders page.
