Exchange

Exchange

Key trading services and controls designed to support price discovery and secure market participation.

Price-Based Orders

LimitExecutes at the specified price or better. Buy orders fill at the limit price or lower; sell orders fill at the limit price or higher.
MarketExecutes immediately at the best available price. Partial fills are allowed; any unfilled portion is cancelled.
StopTriggers a market order when the stop price is reached. The order is not visible in the order book until activated.
Stop LimitTriggers a limit order when the stop price is reached. The order enters the book as a standard limit order upon activation.

Time-in-Force Conditions

GTC – Good Till CancelRemains active until explicitly cancelled.
GTD – Good Till DateRemains active until a specified expiration date and time.
DAY – Day OrderExpires automatically at the end of the trading session.
FOK – Fill or KillMust be executed in full immediately or cancelled.
IOC – Immediate or CancelExecutes all or part of the order immediately; cancels any unfilled quantity.
GAA – Good at AuctionValid only during auction sessions; expires if not filled during the auction.
TypeGTCGTDFOKIOCGAADay
Limit
Market
Stop
Stop Limit