Differences
This shows you the differences between two versions of the page.
| Both sides previous revision Previous revision | |||
| developers:websocket:orders [2025/03/14 22:08] – chad | developers:websocket:orders [2025/03/14 22:10] (current) – chad | ||
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| ==== Market Order ==== | ==== Market Order ==== | ||
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| - | === Limit Order === | + | |
| + | ==== Limit Order ==== | ||
| A Limit Order is submitted with a specific limit price. The order will only execute at the specified price or better. | A Limit Order is submitted with a specific limit price. The order will only execute at the specified price or better. | ||
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| - | ---- | ||
| - | === Stop Order === | + | |
| + | ==== Stop Order ==== | ||
| A Stop Market Order becomes a Market Order when the stop price is reached. | A Stop Market Order becomes a Market Order when the stop price is reached. | ||
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| - | ---- | ||
| - | === Stop Limit Order === | + | |
| + | ==== Stop Limit Order ==== | ||
| A Stop Limit Order becomes a Limit Order when the stop price is reached. | A Stop Limit Order becomes a Limit Order when the stop price is reached. | ||
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| - | === Trailing Stop Order === | + | |
| + | ==== Trailing Stop Order ==== | ||
| A Trailing Stop Order moves the stop price automatically based on price movement. | A Trailing Stop Order moves the stop price automatically based on price movement. | ||
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| - | === Fill or Kill (FOK) Order === | + | |
| + | ==== Fill or Kill (FOK) Order ==== | ||
| A Fill or Kill (FOK) Order must be executed immediately in full or it is canceled. | A Fill or Kill (FOK) Order must be executed immediately in full or it is canceled. | ||
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| - | === Immediate or Cancel (IOC) Order === | + | |
| + | ==== Immediate or Cancel (IOC) Order ==== | ||
| An Immediate or Cancel (IOC) Order executes immediately for the available quantity and cancels the rest. | An Immediate or Cancel (IOC) Order executes immediately for the available quantity and cancels the rest. | ||
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| - | === Good Till Canceled (GTC) Order === | + | |
| + | ==== Good Till Canceled (GTC) Order ==== | ||
| A Good Till Canceled (GTC) Order remains open until it is filled or explicitly canceled. | A Good Till Canceled (GTC) Order remains open until it is filled or explicitly canceled. | ||
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| - | === Order Cancels Order (OCO) === | + | |
| + | ==== Order Cancels Order (OCO) ==== | ||
| An OCO (One Cancels Other) order is a pair of orders submitted together. Both orders are on the same side of the market: one is a Limit Order and the other is a Stop Order. When one fills, the other is automatically canceled. If one order is partially filled, the remaining volume of the other order is adjusted accordingly. | An OCO (One Cancels Other) order is a pair of orders submitted together. Both orders are on the same side of the market: one is a Limit Order and the other is a Stop Order. When one fills, the other is automatically canceled. If one order is partially filled, the remaining volume of the other order is adjusted accordingly. | ||
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| - | === AutoOCO Order === | + | |
| + | ==== AutoOCO Order ==== | ||
| An AutoOCO Order is a batch of three orders: | An AutoOCO Order is a batch of three orders: | ||
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| - | === Take Profit and Stop Loss === | + | |
| + | ==== Take Profit and Stop Loss ==== | ||
| Take profit and stop loss orders are a type of OCO order. The first order in the batch is the **Trigger Order**. Once it fills, the **Take Profit** and **Stop Loss** orders are submitted. | Take profit and stop loss orders are a type of OCO order. The first order in the batch is the **Trigger Order**. Once it fills, the **Take Profit** and **Stop Loss** orders are submitted. | ||