What is a "Buy" order?

A "Buy" order is a request from an investor to purchase a certain amount of an asset. A buy order is opened at the Ask price and is closed at the Bid price.

Risk Warning: Trading derivatives carries significant risks. It is not suitable for all investors and if you are a professional client, you could lose substantially more than your initial investment. When acquiring our derivative products, you have no entitlement, right or obligation to the underlying financial assets. Past performance is no indication of future performance and tax laws are subject to change. The information on this website is general in nature and doesn't take into account your personal objectives, financial circumstances, or needs. Accordingly, before acting on the advice, you should consider whether the advice is suitable for you having regard to your objectives, financial situation and needs. We encourage you to seek independent advice if necessary. You should consider whether you’re part of our target market by reviewing our Target Market Determination (TMD), read our Product Disclosure Statement (PDS), and other legal documents to ensure you fully understand the risks before you make any trading decisions. We encourage you to seek independent advice if necessary.

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The information on this site and all matters relating to it are governed by and are to be construed according to the laws applicable in the State of New South Wales and the Commonwealth of Australia (Australian law).
Though this website may be accessed from outside Australia, the use of this site and the services of PU Prime Trading Pty Ltd are not intended for residents outside Australia or by any person in a country or jurisdiction where such distribution or use would be contrary to local law or regulation.

PU Prime Trading Pty Ltd in Australia is licensed to provide financial services by the Australian Securities and Investments Commission (ASIC) under Australian Financial Services Licence number 410681. PU Prime Trading Pty Ltd Registered Office: Suite 103, Level 1, 17 Castlereagh St, Sydney, NSW 2000, Australia.