How to set a 'fill or kill' order
A ‘fill or kill’ order gives you the chance to trade when markets are closed, or when live prices aren’t available. Here’s how to set a ‘fill or kill’.
On this page
Before you start
- If you’re buying, there needs to be enough uninvested money in your chosen account to cover the value of your trade.
- If you’re buying an ETF, you need to have completed a complex investments questionnaire.
- You should fully research your chosen investment before you trade. This includes being comfortable with its current price, expected performance and the potential risks involved.
How to set an order on the website
- Log in online to see your accounts.
- Select ‘Deal now’ from your chosen account’s Actions list.
- To search for the investment, untick all the boxes except for the relevant investment type and enter its name, or select the relevant manager and sector from the drop-down menus.
- If the market is closed or live prices aren’t displaying, select ‘Place a fill or kill order’.
- Select to buy or sell, then enter the value/number of units.
- Enter the Price limit, which is the maximum price per share you want to pay or the minimum you want to receive and select 'Continue'.
- Check the details, including the investment name and value/number of units you're buying or selling.
- Select ‘Submit fill or kill order’ to confirm.
How to set an order on the mobile app
- Select 'Accounts' in the bottom left corner.
- Log in.
- Select the account holding the investments you’re selling, or the one you want to hold the investments you’re buying.
- Select ‘Deal’.
- Search for the name of the investment, then select it from the list.
- If the market is closed or live prices aren’t displaying, select ‘Buy fill or kill’ or ‘Sell fill or kill’ depending on what you want to do.
- Enter the value/number of units you want to buy or sell then select 'Continue'.
- Enter the Price limit, which is the maximum price per share you want to pay or the minimum you want to receive and select 'Continue'.
- Check the details, including the investment name and value/number of units you're trading.
- Select ‘Submit fill or kill’ to confirm your trade.
What happens next
You can view your fill or kill in the Pending Orders section after logging in online and cancel it while the status is still ‘Pending’.
If the investment you’re buying or selling reaches the price you set, or better, we’ll place your trade when markets open. If the price isn’t reached, your instruction will be ‘killed’, or cancelled.
You’ll get a contract note if the trade completes, which you can find in your Transaction History.