LSEG Technology-Powered Exchange, AAX, Introduces Stop Loss/Take Profit Orders

22 Jul, 2020 Updated 17 Mar, 2026

By Casper Brown

Contributor

I am an associate content producer for the news section of Coingape. I have previously worked as a freelancer for numerous sites and have covered a dynamic range of topics from sports, finance to economics and politics.

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Risk Management tools

The take profit and stop loss features allows users on exchanges to trade efficiently even when away from the screen. The SL feature on AAX enables traders to minimize their loss when the market hits a certain price, set by the user. The position is then closed with a swift market order.

TP feature allows traders to set a price that the trade closes when in profit to avoid losing profits gained. It locks in profits once a rally is followed by a significant downturn. On AAX, both tools can be used at the same time.

The tools manage risk especially for volatile assets such as cryptocurrencies and gives traders some breathing space off the screen. To learn more on SL/TP features on AAX exchange.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.