Market order pricing before and during the execution of an order
Depending on agreements with our partners, some current prices in Lightyear are live, whilst others are delayed. This is indicated in the instrument tab and order preview.
- US Exchanges – Live pricing
- DE Exchanges – Live pricing
- ES Exchanges – Live pricing
- Other EU Exchanges – 15 mins delayed
- UK Exchanges – 15 mins delayed
What does live pricing mean?
A live price means you’re seeing the last known trading price for this instrument and does not mean this is the price your order fills for. Placing a market order, you’ll agree to pay the market price which changes intra-second when the market is open, depending on trading volumes.
See Market and Limit orders to help you decide which order type fits your investment strategy the best.
Market buy order pricing before confirming an order
When placing a market buy order for an amount of shares, you’ll see a reserved cash amount that is an additional buffer. We use this buffer to cover possible price fluctuations and give your order the best chance of filling when the market opens, and any funds not used will be added back to your account balance after the order is filled.
Charts
Line chart
The line charts display closing prices which you can view by dragging on the chart. This means you can track the last price at which the stock was trading during a given period. For example, on the day line chart, we show the closing prices in 5-minute intervals – the stock price can go up or down during this time but the price you see on the graph represents the last price only. When not dragging on the chart, the two prices you see are the highest and lowest close prices of all 5-minute periods, not the overall highest or lowest trading prices of the day.
Candlestick
We offer the line chart for all instruments, but for US stocks you can switch to candlesticks in the chart settings. Candles help get more thorough understanding of the price movements. They show four types of prices which you can view by dragging on the chart:
- Open: the first price at which a stock trades
- Close: the last price at which the stock trades
- High: the highest price reached
- Low: the lowest price reached
Buy and sell information
You can enable the buy and sell details in the chart settings. This gives you the option to track your past orders and their prices on the line chart.
See also: Fees and taxes