The Lab

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YES Loss
Colloquial NameCategoryDescription OrdTypeTimeInForceVenueCancel on Disconnect?
MarketMarketAn instruction to deal immediately at the best possible price (the current rate).MarketDAYBME
Auction PriceMarket
MarketOPN, CLS
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
Fill or KillMarket
MarketFOKBME
Market LimitMarketOrder that starts as a Market order and executes any leaves quantity as a Limit order.Market With Leftover As Limit

LimitLimitAn instruction to deal if a market moves to a MORE favourable level.LimitDAYBMEYES
Immediate LimitLimit
LimitIOCBME, AGGN/ALimitGTCAGG
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



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

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

BME
Stop limit at fallStopDetermined by Side?

BME
Stop-TrailingStopThe Stop Price follows the market by a specified offset.Trailing StopMarket LimitMarketOrder that starts as a Market order and executes any leaves quantity as a Limit order.Market With Leftover As LimitAuction PriceMarketMarketOPN*YESPreviously 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 QuotedBMEVwapSweepLimitAn 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 SweepCitiCoLoTWAPLimitLimitGFT/GTDAttackBME

Market Maker



BME
Limit Take Profit




Fixing




Pegged




Mid




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