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Order Types

Updated on 01 07, 2019
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A Market Order is an order to buy or sell immediately. This type of order guarantees that the order will be uted, but does not guarantee the ution price. And The last-traded price is not necessarily the price at which a market order will be uted.

A Limit Order is an order to buy or sell at a specific price or better. A buy limit order can only be uted at the limit price or lower, and a sell limit order can only be uted at the limit price or higher.

An Iceberg Order is a type of order that has been divided into smaller orders and only part of the order is displayed on the public orderbook for the purpose of hiding the actual order quantity.

A Hidden Order is a Limit Order that is not visible on the public orderbook.

A Post-only Order is a limit order that always display on the orderbook and it will not match with a pre-existing order.

A Conditional 0rder is an order that includes one or more specified criteria.

An Immediate or cancel Order (IOC) requires all or part of the order to be uted immediately, and any unfilled parts of the order are canceled. Partial fills are accepted.

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