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EzStopLoss Intro

- EzStopLoss is an instrument enabling you to place a securities buying/selling order in advance with predefined conditions. As soon as trigger conditions are matched, the order will be automatically sent into the FPTS system before being forwarded to the Stock Exchanges.

- Outstanding features:

  • Enable you to place orders in advance without having to keep watching the market.
  • Place new orders and modify them easily and conveniently on order placement applications.
  • Conditional orders help you implement your investment plans as shown in the application below:

Application

Conditions set

Note

Sell to stop loss

Sell when the market price ≤ Trigger price

Sell to stop loss when the market price falls below this level (trigger price).

Sell to take profit

Sell when the market price ≥ Trigger price

Sell to take profit when the market price reaches this expected level (trigger price).

Buy as the price slides to the support level

Buy when the market price ≤ Trigger price

Buy a stock when the price slides to the support level (trigger price) and is expected to rebound in the near future.

Buy as the price surpasses the resistance level

Buy when the market price ≥ Trigger price

Buy a stock when the price surpasses the resistance level (trigger price) and is expected to extend the strong rally.

Example: Using EzStopLoss Conditional Order to stop loss

  • You are holding FPT shares. The market is showing signs of a steep decline and you want to stop loss when FPT slides to VND50,000 per share.
  • You should place an order to sell FPT shares with the predetermined condition: Nearest trigger price ≤ 50,000
  • When the latest traded price of FPT touches or exceeds 50,000, the order will be activated and forwarded to the Stock Exchange at the predetermined price.

Note: EzStopLoss only works on the underlying stock market, applied to purchase/sale of shares, fund certificates or warrants.

- Order activation procedures:

+ The Conditional Order will be activated when it satisfies the following criteria:

  • The last traded price of the stock satisfies the predefined price conditions.
    • During the trading time: The system will use the last traded price to check for order activation conditions.
    • When FPTS starts receiving new orders for the next trading day (usually at 19:00 of the preceding trading day), the system will use the closing price of the nearest trading day to check for order activation conditions.
  • The type of execution price must be valid for the ongoing trading session and allowed to be entered into the system at the time of activation.
    • Example: EzStopLoss order that is conditioned for ATO price will not be activated in the continuous order-matching session (only checked for order activation at the time that FPTS receives orders for the trading day).

+ After the Conditional Order is activated, the FPTS system will check the eligibility of order information. Please note that the activated order may be accepted or will be rejected if the following conditions are not satisfied:

  • Cash/stock balance is not enough to at the time of order activation
  • The price and volume are ineligible in terms of board lot and price range:
    • The execution price of the stock is out of the range of lower limit and upper limit.
    • The price step/volume step is out of the range of the Stock Exchange regulations.

+ When the order is activated, FPTS will notify you of the activation via mobile application notifications and registered email.

+ The Conditional Order will be executed only once and last three months. Thus, after being activated and not traded or not fully traded for any reason, the order will be voided.

+ Before being activated, the Condition Order can be canceled at the StopLoss Order History screen: You search for the order to be canceled and click on the corresponding Cancel button.

+ After it is activated by the FPTS system, it will be treated as an ordinary buying/selling order and it can be modified/cancelled as a result (in the event that it is not fully traded).

Order-activating conditions and predefined price will not be adjusted in case the stock price is adjusted on ex-date. For this reason, you are recommended to pay attention to corporate actions of the target stock before and after placing the Conditional Order. FPTS will send an email on any corporate action relating to the stock