Exante Adds GTC Orders Emulation to its Trading Terminal

Tuesday, 19/04/2016 | 09:20 GMT by Damian Chmiel
  • The company’s terminal supports GTC orders in the US markets, but the list will be extended in the near future.
Exante Adds GTC Orders Emulation to its Trading Terminal
Exante

Exante, an investment services company offering Multi-Asset brokerage services, announced today the addition of emulated Good Till Cancel (GTC) orders to its portfolio. As the official press release states, the trading terminal already supports this feature.

GTC orders can be conducted both in the case of purchasing or selling an asset and are executed when the current market price coincides with the price of the order. GTC emulation support means that orders not executed during the previous day are renewed over the next session.

Emulated GTC orders

Emulated GTC Order

Orders of this type can be found on the overall list of available transactions and remain unrealized until cancelled or executed by the traders. However, some markets still do not offer support for fair GTC orders - in these cases Exante advises emulation.

According to the information made available by the company, investors may execute GTC orders in the US market – NASDAQ and NYSE exchanges. In the near future, the total number of available markets should be extended. Support for GTC emulation will be attached to those global bourses that do not include GTC in their offerings.

Finance Magnates last reported on Exante in late February when the brokerage’s customers were charged by SEC for securities fraud. The accusations against the company were dismissed.

Exante, an investment services company offering Multi-Asset brokerage services, announced today the addition of emulated Good Till Cancel (GTC) orders to its portfolio. As the official press release states, the trading terminal already supports this feature.

GTC orders can be conducted both in the case of purchasing or selling an asset and are executed when the current market price coincides with the price of the order. GTC emulation support means that orders not executed during the previous day are renewed over the next session.

Emulated GTC orders

Emulated GTC Order

Orders of this type can be found on the overall list of available transactions and remain unrealized until cancelled or executed by the traders. However, some markets still do not offer support for fair GTC orders - in these cases Exante advises emulation.

According to the information made available by the company, investors may execute GTC orders in the US market – NASDAQ and NYSE exchanges. In the near future, the total number of available markets should be extended. Support for GTC emulation will be attached to those global bourses that do not include GTC in their offerings.

Finance Magnates last reported on Exante in late February when the brokerage’s customers were charged by SEC for securities fraud. The accusations against the company were dismissed.

About the Author: Damian Chmiel
Damian Chmiel
  • 3352 Articles
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About the Author: Damian Chmiel
Damian Chmiel is a Senior Analyst & Editor at Finance Magnates with more than 15 years of experience in the CFD and online trading industry. Active as both a trader and journalist since 2010, he focuses on broker coverage, fintech innovation, and regulatory developments across Europe, the Middle East, and Asia. His work includes interviews with C-level leaders at major brokerages and fintech platforms, as well as co-authoring Finance Magnates’ quarterly industry benchmarking reports. Damian’s reporting is data-driven, market-aware, and grounded in direct industry engagement. His analysis and commentary have also been cited by external media outlets, including Investing.com, Binance, The Asset, Stockhead, and Dispatch. Education: MA in Finance and Accounting, Cracow University of Economics
  • 3352 Articles
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