Placing a stoploss order serves as an additional risk-mitigation strategy. However, a stoploss order is never guaranteed. This is because the price at which the stoploss order is placed serves as a ‘trigger point’. In the event that the price of the instrument being traded reaches the trigger price, your stop-loss order will be treated as a market order and executed at a Volume Weighted Average Price (‘VWAP’) as per the Order Execution Policy. During abnormal conditions and high volatility, a stop-loss order may be executed at a worse or better price.

The above applies to all 'Stop' orders placed on any of our platform.