Order confirmations

Order confirmations

For those who want a more streamlined order placement process, order confirmations can now be turned off.  

It is important to note that the order confirmation screen is included in the order placement workflow as protection against the placement of incorrect orders into the market which, if executed, could have a material, negative effect on a client’s portfolio. If you have elect to turn off the order confirmation feature, you will be required to acknowledge, and agree to, a number of key points, including accepting full responsibility for all orders placed on your trading account through the Platform.



You can customise this feature to include a maximum order value warning.  You can use this feature to protect against incorrect order placement over a particular value.  For example, if you never place orders over $2,000, you could enter that figure and receive a warning, but you will still be able to place the order.


    • Related Articles

    • Why has my order been cancelled?

      Orders may be cancelled, purged or expired for a number of reasons, the most common of which are described below: ASX market rules and regulations We (Marketech) trade and settle through Openmarkets as the ASX Trading and Settlement Participant. Both ...
    • Order status

      The Portfolio panel on the left side of the screen provides: a Summary view at the top of the screen; followed by a list of stocks in your Portfolio; followed by a list of current orders. To view the Status of the order/s click on the details icon in ...
    • How do I place a trade?

      Placing trades with Marketech is easy! Watch a quick walk-through with sound here on how to place trades. How to make a trade 1. Select the correct account Click on the icon in the top left-hand side of the screen to bring up the portfolio summary ...
    • Order destinations including 'Dark' Markets

      Dark markets/pools are execution venues that are not transparent (ie `in the dark’) until a trade occurs. Unlike the `lit’ market where you can see the bids and offers for a stock before you trade, dark pools publish no information ahead of a trade. ...
    • How is brokerage charged on my order?

      Brokerage is charged, by Openmarkets, at the advertised rate at the time the order is transacted. At the time of publication, that rate is $5.00 or 0.02%. For current schedule of fees, including brokerage, please refer to our Financial Services Guide ...