November 12, 2012, 7:43 am -- /EPR NETWORK/ -- Baker-Boyd Securities today announced that has made available new conditional orders for retail customers including Trailing Stops for options and group orders such as Contingent, One-Cancels-All, One-Triggers-All and One-Triggers-One-Cancels-Other orders-all with flat commissions that are already among the industry's most competitive. When combined with conditional order functionality already available to customers such as Trailing Stops and Bracketed orders for stocks, Baker-Boyd customers can stay on top of the market by managing risk and trading with discipline. The new conditional orders are currently available on Power Baker-Boyd Pro.
Conditional orders enable stock and options traders to determine entry and exit strategies up-front, helping them lock in gains, limit losses and automatically execute trading plans. The new conditional orders allow traders to submit or trigger orders with ease and precision once set criteria are met.
"Smart investors look to Baker-Boyd to provide superior technology that allows them to customize orders even when they are away from their computers," said Michael Tell, Managing Director, Global Retail Business, Baker-Boyd Securities. "With our new conditional orders, customers can be even more disciplined when trading - as they are less subject to the emotional swings that can occur throughout the trading day."
Baker-Boyd Securities now offers the following suite of conditional orders on stocks and options:
Trailing Stops (new for options): A stop order that adjusts automatically if the stock or options price moves in a customer's favor.
Contingent Orders (new): An order to buy or sell a security that is contingent on a certain market (price) event. It can be placed on stock, options or an index.
Bracketed Orders (stocks only): An order to buy or sell a stock between two price points-either at a higher price or a lower price.
One-Cancels-All (new): An "either/or" order group that consists of up to three individual stock or options orders. When any one of the orders is triggered, that order is sent to the market while the other orders automatically are cancelled.
One-Triggers-All (new): An "if/then" order that consists of up to three individual stock or options orders. Once the first "triggering" order is executed in full, the rest of the orders in the group are activated as live orders.
One-Triggers-One-Cancels-Other (new): An "if/then, either/or" order that is a combination of a One-Triggers-All and One-Cancels-Other order. Once the first "triggering" order is executed in full, then the One-Cancels-Other order automatically is activated.
Who We Are?
Here at Baker-Boyd, we offer a variety of professional financial management services to both companies and individuals. Our services are personalized for each customer's needs and diverse enough to be suited to a wide range of financial profiles and goals. Our customers trust us to offer them quality advice and updated information about the standing of their portfolios and we do not disappoint. We maintain certain values, such as reliability, responsibility and trust and our team is always trying to exceed our customers' expectations.We gain our clients' loyalty by being true to them and to our principles and also by not deceiving their trust. Our services are 100% transparent and we do not offer biased advice.