The Lab

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Comment: Published by Scroll Versions from this space and version 1.3.35

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NameNatureDescription59/TimeInForce168/EffectiveTime126/ExpireTime1629/ExposureDuration
Immediate Or CancelAggressiveThe Order must be executed immediately, at least in part (Partial fills are allowed), otherwise the Order is cancelled. AKA 'Fill and Kill'.
IOCOptional--
Fill Or KillAggressiveThe Order must be executed immediately, in full (no Partial fills), otherwise the Order is cancelled.FOKOptional--
Good For AuctionRestingThe order is only active when the instrument enters an auction state. At all other times, the order remains inactive.GFAOptionalOptional-Optional-
Good For DayRestingThe Order expires automatically on close of the trading day, if it is still unfilled.DAYOptionalOptional-Optional-
Good For TimeRestingOrder is active for a specified duration.GFTOptional-Mandatory
Good 'Til DateRestingOrder is active until a specified time.GTDOptionalMandatory-
Good 'Til CanceledRestingThe Order remains active until it is either executed or cancelled. NOTE: Maximum possible duration is one trading week, but is equivalent to DAY for most Venues that reset daily.GTCOptional--
At Market OpenRestingThe order is only active when the instrument market opens. At all other times, the order remains inactive. It is typically entered when the market is in pre-open state.AMOOptional--
At Market CloseRestingThe order is only active when the instrument market closes. At all other times, the order remains inactive.  It is typically entered when the market is in pre-close state.AMCOptional--

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