Order Types & TP/SL
This section outlines the order types and conditional orders available on our exchange.
Order Types
Limit (GTC): Buy/sell at a specified price or better, remains active until filled or cancelled.
Fill or Kill (FOK): Must fill the entire order immediately, otherwise cancelled.
Immediate or Cancel (IOC): Fills any portion immediately, cancels the rest.
Post Only: Ensures your order adds liquidity, will not cross existing orders.
Post-Only Slide: If crossing, places order 1 tick away from the opposing best price.
Post-Only Front: If crossing, places order 1 tick above the best price on the same side.
Time In Force (Coming Soon): Order expires if not filled within a set time.
Conditional Orders
Price Conditional
Able to be triggered by either the oracle, mark or last traded price.
Take Profit: Automatically closes your position with a market order when the trigger price is reached, securing profits.
Stop Loss: Automatically closes your position with a market order when the trigger price is reached, limiting losses.
Time Conditional
TWAP (Coming Soon): Automatically places orders at a predefined cadence, perfect for minimizing market impact or DCA strategies.
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