HSX Forum
Playing & Trading Strategy
I presume you mean the MovieStock rather than the OW as the OW will cash out. The limit orders execute when the stock is available to be traded and the price rises to (SHORT or SELL) or drops to (BUY or COVER) the limit price - if it isn't already above (or below) the limit price. So you can short at 100 and put a limit order to cover at 75, and it will kick in if the adjust (or normal price fluctuations) takes it below that price, but you can't put a BUY limit order of 74 as the price (100) already exceeds 74 so the order would executed straight away.
Same for bonds (you can do it for any security) - you can even put limit orders on whilst the stock is halted and it will execute when the stock changes status and price.
