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| Colloquial Name | Description | TimeInForce | Partial Fills? |
|---|---|---|---|
| Immediate or Cancel | The Order must be executed immediately, at least in part (Partial fills are allowed), otherwise the Order is cancelled. AKA 'Fill and Kill'. | IOC | YES |
| Fill Or Kill | The Order must be executed immediately, in full (no Partial fills), otherwise the Order is cancelled. | FOK | NO |
| Day | The Order expires automatically on close of the trading day, if it is still unfilled. | DAY | YES |
| Good 'Til Canceled | The 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. | GTC | YES |
| Good 'Til Date | Order is active until a specified time. TWAP? | GTD | YES |
| Good For Time | Order is active for a specified duration. TWAP? | GFT | YES |
| At Market Opening | OPN* |
Order Types
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