Stop loss on Share installment

[Preston]

Ruling price must be the equity ruling price or the ruling price in term of Bil pricing?

[Preston]

sorry ruling price as per installment pricing of the respective installments.

[Stij]

Don't use automatic stop-losses on share installments (or warrants). They aren't traded often enough and even though there is a guaranteed market for them, the bid price could drop way below your automatic stop-loss before a trade comes through at that price to trigger it.

[Preston]

Thanks..advice noted