To enter a valid order on the available markets via TradeDirect, you need the following requirements:
Your selected cash account (USD, EUR or CHF) for the transaction must be in credit for the amount of cash to cover your buying order and pending buy orders including charges. For example, if your account balance is CHF 10'000.- and your pending orders (not yet executed) equal CHF 6'000.-, your purchase power is equivalent to CHF 4'000.-.
With orders in a foreign currency, we use a margin error of +/- 1% on the exchange rate.
Availability of Securities
We do not authorise short sales. (Sale of securities not held in the portfolio).