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   Home > knowledge > What to highlight > Order type

Limit Order Specific bid / Ask price order
Limit - FAK Specific bid / Ask price order to match current bid / Ask price at once and cancel unmatched volume (if any).
Limit - FOK Specific bid / Ask price order to match current bid / offer price at once with the whole order lot, if the order fail to match for the whole lot, it would be canceled at once.
MO - FAK Buying at the lowest offer price offer or selling at the highest bid price to match current bid / offer price at once and cancel unmatched volume (if any).
MO - FOK Buying at the lowest offer price offer or selling at the highest bid price to match current bid / offer price at once with the whole order lot, if the order fail to match for the whole lot, it would be canceled at once.
MP - DAY Buying or selling immediately at the best price at that time. This command is to buy at the lowest offer price offer or sell at the highest bid price If the quantity is not enough to match the full amount, system will match partially and will place the remainder at the better 1 spread from last price.
ML - DAY Buying or selling immediately at the best price at that time. This command is to buy at the lowest offer price offer or sell at the highest bid price If the quantity is not enough to match full amount, system will match partially and will place the remainder at the last price.
Hidden Order
  1. Split one order in to several small order and graduelly send them in to the system.
  2. Each order would be at least 5-50 contracts according to TFEX limit.
Combination Order
  1. Bid and/or Ask order for 2 series (different side).
  2. Each Bid and/or Ask would be matched at the same time.
  3. Underlying Asset of each Bid and/or Ask may or may not be the same.
  4. Derivery month of each Bid and/or Ask may or may not be the same.
  5. LS50UZ14 mean Long S50Z14 and Short S50U14
  6. to send combination Order, please specify the spread between the far and the near month.
    Spread ranging: -10.0 to +100 point (far month minus near month)
Note:
Long Combo is buying far month series and selling near month series
Short Combo is selling far month series and buying near month series

 

Validity

Stop Limit Order
The limit order that would be sent only when the condition meet.

Stop Order
The market order that would be sent only when the condition meet.

Time table for each order type

Order Type
Pre - Open
Open
Day
FAK
FOK
DATE
EXP
Day
FAK
FOK
DATE
EXP
Limit Order
/
/
X
/
/
/
/
/
/
/
Market Order
/
/
X
/
/
X
/
/
X
X
Hidden Order
/
/
X
/
/
/
/
/
/
/
Stop Limit Order
/
/
/
/
/
/
/
/
/
/
Stop Order
/
/
/
/
/
X
/
/
X
X
Combination
X
X
X
X
X
/
/
/
X
X

 

 

 
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