This is the general idea of what the lifecycle of a regular order looks like:
It all starts with you as a client. You can either make an order via our trading platform or an API or turn to our Tradedesk for specific over-the-counter instruments. In both cases, the order goes directly to the market, be it an organized stock exchange or an OTC marketplace. As a result of your successfully fulfilled order, you obtain real assets against your deposited funds.
There are several instruments that require manual execution, apart from OTC instruments.
The following instruments can only be traded by submitting a request to [email protected]:
Bonds in OTC folder;
*.OTCMKTS (Over-the-Counter instruments);
OEFs (Open-End-Funds);
*.LSEAIM (London Stock Exchange Alternative Investment Market);
*.FWB (Frankfurt Stock Exchange);
Instruments transferred from brokers with no DMA-execution available;
*TMX (Sell orders with a quantity less than 100 shares);
*WSE (Instruments with “BETA” or “ETF” in their ISINs), only Sell orders for the position closure can be performed;
PTP (Publicly traded partnerships stocks) - only Sell orders for the position closure can be performed;
Execution of voice orders for these instruments is free of a manual execution fee.