Time In Force

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

Colloquial Name	Description	OrdType	TimeInForce	Venue	Cancel on Disconnect?
Market	An instruction to deal immediately at the best possible price (the current rate).	Market	DAY	BME	YES
Limit	An instruction to deal if a market moves to a MORE favourable level.	Limit	DAY	BME	YES
Immediate Limit		Limit	IOC	BME, AGG	N/A
		Limit	GTC	AGG
Fill or Kill		Limit	FOK	BME	N/A
Stop-Loss	An instruction to deal if a market moves to a LESS favourable level.	Stop Loss
		Stop Loss	GTC	AGG
Stop Limit	Executes an exposure-reducing limit order when market exceeds order's price.	Stop Limit	DAY		YES
		Stop Limit	GTC	AGG
Stop-Trailing	The Stop Price follows the market by a specified offset.	Trailing Stop
Market Limit	Order that starts as a Market order and executes any leaves quantity as a Limit order.	Market With Leftover As Limit
Auction Price		Market	OPN*		YES
Previously Quoted	An 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
VwapSweep	An 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

Attack				BME
Stop limit at rise	Determined by Side?			BME
Stop limit at fall	Determined by Side?			BME
Market Maker				BME
Limit Take Profit
Fixing
Pegged
Mid

OPN - At Opening

GTC/GTD/GFT

Limit price

Stop Price

OrdStatus	ExecType	Description
MFPendingNew	MFPendingNew	MF acknowledgement of receipt of New Order, pending a response (either ExecType = PendingNew, or ExecType = New) from the Venue.
PendingNew	PendingNew	Venue acknowledgement of receipt of Order.
New	New	Venue notification of acceptance of Order by it's matching engine.
New	Replaced	Venue notification of acceptance of a replacement Order by it's matching engine.
PartiallyFilled	PendingMatch	Venue notification of a potential match. E.g. EBS and Reuters MAPI.
PartiallyFilled	Trade	Venue notification of a done trade.
Filled	PendingMatch	Venue notification of a potential match. E.g. EBS and Reuters MAPI.
Filled	Trade	Venue notification of a done trade.
MFPendingCancel	MFPendingCancel	MF acknowledgement of receipt of OrderCancelRequest pending a response (either ExecType = PendingCancel, or ExecType = Canceled) from the Venue.
PendingCancel	PendingCancel	Venue acknowledgement of receipt of OrderCancelRequest.
Canceled	Canceled	Venue notification of Order cancellation.
Canceled	CanceledLastLook	-
MFPendingReplace	MFPendingReplace	MF acknowledgement of receipt of OrderCancelReplaceRequest, pending a response (ExecType = Replaced) from the Venue.
PendingReplace	PendingReplace	Venue acknowledgement of receipt of OrderCancelReplaceRequest.
Rejected	Rejected	-
Calculated	Calculated	Venue notification of a Drop-copy STP trade.
Expired	Expired	Venue notification of the expiry of a Limit Order.
Error	Error	-