Fills on Large Orders > Large Orders
  • No Restrictions On Maximum Order Sizes.
  • Place Orders of $10 Million or $100 Million With No Dealing Desk Execution.
There are no restrictions on order sizes; however, clients trading in sizes of more than $3,000,000 (300 10K lots) who want the entirety of their orders filled should use "At Best" price execution. Our price providers, including large international banks, stream quotes that are valid for different liquidity amounts. One bank may provide a price that is good for $2 million and another for $5 million. In order to provide clients with the best price for large orders, the client may have their order executed from prices provided by multiple banks.
Market Orders
Clients have a choice on how their market order is executed: "At Best Price" or "Market Range."
The default setting is "At Best Price" The entire order is filled at the best prices available at the time. The order may be filled at multiple prices.
200 Lots are filled at 2.0027, and the next 100 lots are filled at the best available price, which in this case is 1 pip worse.
The alternative option is "Market Range" which opens with a default range of "0". The order will be filled only at the price or within price ranges specified by the trader. The number to the left of "Market Range" allows you to set the range (in pips) from the current rate that you will accept a fill. Partial fills may occur, and any part of the order that cannot be filled will be cancelled.
Q: When I use a market range order, how do I know how much of the order has been filled?
A: You can see the number of lots executed by checking the "Open positions" window, for new positions or changes to existing positions.
Making a Market Order to Buy 300 10K lots of GBP/USD with the "Market Range" set to 0.
200 lots are filled at your price, but the additional 100 lots cannot be filled at this price at this time, so the remaining 100 lots are cancelled and disappear. You will receive a message informing you that part of your order could not be filled as specified, and then you will see the 20 executed lots in "Open Positions" window.

Stop Loss and Stop Entry orders
These are always done at the best prices available at the time and are always completely filled. The order may be filled at multiple prices.

Stop Loss execution on 300 10K lots EUR/USD at 1.3610.
200 lots are able to be filled at 1.3610, the remaining 100 lots are filled at the next best available price, which in this case is 1.3609.
Limit and Limit Entry Orders
These orders are always done at the prices specified by the trader. If only part of the order can be filled at the price, the remainder of the order will continue to appear in the "Orders" window
Limit Entry for 300 10K lots of EUR/USD at 1.3610. Because of limited liquidity, only 200 lots are able to be executed, and appear in the "Open Positions" window.
The remaining 100 lots wait in the "Orders" window for 1.3610 or better to be quoted again.
5 minutes later, 1.3610 is quoted again, and the remaining 100 lots are filled, creating a new ticket.
Closing a Position with a Market Order
The same options for Market Orders to open new positions are available for Close Orders, and execute in the same manner.