The Lab

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Comment: Published by Scroll Versions from this space and version 1.1.14

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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.GFAOptionalOptionalOptional
Good For DayRestingThe Order expires automatically on close of the trading day, if it is still unfilled.GFDDAYOptionalOptionalOptional
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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