When I select “New order”,” how does the iCopy system generate orders?

As soon as iTrader has a matched order, your iCopy sub-account will automatically place orders based on the following principles:

* Same stock code.

* Order type:

LO order (Price deviation not exceeding 10%, except for stop-loss and processing sell orders based on iCopier settings). Matching prices:
+ iCopier’s buy order price is usually higher than iTrader’s.
+ iCopier’s sell order price is usually lower than iTrader’s.

This ensures the highest matching probability for iCopier’s orders. In ATC sessions, when iTrader places LO/ATC orders, the system will generates same order for iCopier, the matching prices of iTrader and iCopier are the same, with no deviation. If iCopier matches the order, it will be executed in the ATC session. If iCopier’s order doesn’t match, it’s executed the next trading day in a continuous matching session with a limit of 10% deviation from iTrader’s price.

MP order (This only occurs when iTrader places an MP buy order during the ATC session, and the system will generate a corresponding MP order for iCopier).

Volume is proportional to the asset allocation in iTrader’s sub-account.
Example: iTrader’s total assets are 1 billion VND (including cash and stocks at the current market price). iTrader places an order to buy 1,000 VIC shares at a price of 100,000 VND, totaling 100 million VND (10% of the assets). The assets in your iCopy sub-account are 20 million VND, so your order will not be successful because 10% of the assets are 2 million VND, which is not enough to buy 100 VIC shares (the minimum odd lot on the HSX). However, if iTrader places an order to buy 10,000 POW shares at a price of 10 VND, totaling 100 million VND (10% of the assets), your order will be pushed to the market to buy 200 POW shares at a value of around 2 million VND (equivalent to 10% of the assets).