B2Broker Updates B2Trader to Provide Stop Order Capability

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B2Broker Updates B2Trader to Provide Stop Order Capability

<p class="MsoNormal text-align-start">B2Broker - a world-known fintech developer and provider of liquidity, ready-made solutions, and technologies for brokerage companies, announced the launch of a new update to the company's flagship products - the <a href="https://b2broker.com/products/b2trader-cryptocurrency-exchange-software/" target="_blank">B2Trader</a> matching engine. </p><p class="MsoNormal">The new update expands the system's functionality by adding the ability to place stop orders. Thanks to this new feature, end-users now have a powerful tool to help them manage their trading strategies and investments. B2Broker continues its diligent work on providing the best quality financial products and services, and this new brand release confirms it.</p><p>Stop Orders Capability</p><p class="MsoNormal text-align-start">There is now an opportunity for brokers who use B2Trader as their <a href="https://b2broker.com/news/cryptocurrency-exchange-matching-engine/" target="_blank">matching engine</a> to offer the ability to place stop orders, including both stop market orders and stop limit orders to their clients. </p><p class="MsoNormal">Any package now includes the capacity of offering stop orders that can be placed on any instrument that is available on the exchange. When placing trades, traders will have more flexibility and control as a result of this new feature.</p><p class="MsoNormal">In trading practice, traders use stop orders to prevent the price from falling too much and close a losing trade or, conversely, to lock in a profitable trade when the price goes up. Stop limit orders are used to enter or exit the market at a certain price level. Both types of orders can be pending and can be placed when the market moves to a given price.</p><p class="MsoNormal">To place a stop limit order, you need to know that the price at which the stop order is placed and the price at which the limit order is placed are considered. The order is placed at the stop price but is executed at the limit price set by the trader. </p><p class="MsoNormal">When the market price reaches the stop price, the market order will be transformed into a limit order and will immediately execute when the market price reaches the limit price of the order.</p><p class="MsoNormal">New stop orders can be placed in the standard way by pressing the buy or sell button. They are available in the order entry window of the B2Trader platform and have the function of direct placement through the charting interface.</p><p>Concluding Remarks</p><p class="MsoNormal text-align-start">In an effort to expand the limits of trading possibilities, B2Broker has updated the <a href="https://b2trader.org/" target="_blank">B2Trader</a> solution with an opportunity to set stop orders. This matching engine is one of the best order matching mechanisms out there, and is distinguished by its rich functionality, reliability, and high speed. </p><p class="MsoNormal text-align-start">New functions have made it even better and will make sure that B2Trader is an important and indispensable tool for traders and brokers alike when working on financial markets.</p>

This article was written by Finance Magnates Staff at www.financemagnates.com.

Source: B2Broker Updates B2Trader to Provide Stop Order Capability