The Lab

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Details of the OrderType values supported by Whisperer Enterprise for all categories are provided below.


Colloquial NameCategoryDescription OrdTypeTimeInForceVenueCancel on Disconnect?
MarketMarketAn instruction to deal immediately at the best possible price (the current rate).MarketDAYBMEYES
LimitLimitAn instruction to deal if a market moves to a MORE favourable level.LimitDAYBMEYES
Immediate LimitLimit
LimitIOCBME, AGGN/A



LimitGTCAGG
Fill or KillMarket
Limit

MarketFOKBMEN/A
Stop-LossStopAn instruction to deal if a market moves to a LESS favourable level.Stop





Stop LossGTCAGG
Stop LimitStopExecutes an exposure-reducing limit order when market exceeds order's price.Stop LimitDAY
YES
Stop limit at riseStopDetermined by Side?

BME
Stop limit at fallStop
Limit
GTC
Determined by Side?

BME
AGG

Stop-TrailingStopThe Stop Price follows the market by a specified offset.Trailing Stop


Market LimitMarketOrder that starts as a Market order and executes any leaves quantity as a Limit order.Market With Leftover As Limit


Auction PriceMarket
MarketOPN*
YES
Previously QuotedMarketAn order to hit an individual quote. To hit multiple quotes, aka sweeping, the user must submit individual orders from best to worst price.Previously Quoted
BME
VwapSweepLimitAn order that can hit/lift one or multiple quotes by submitting an order with the desired amount and the Volume Weighted Average Price (VWAP) of the total amount.VWAP Sweep
CitiCoLo
TWAPLimit
LimitGFT/GTD

Attack
BMEStop limit at riseDetermined by Side?BMEStop limit at fallDetermined by Side?




BME














Market Maker



BME
Limit Take Profit





Fixing





Pegged





Mid







Treat as Alog strategies:

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