Page History: Order Type
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Page Revision: 2011/08/02 11:02
Ex: L=Limit, P=Pit, and S=Stop
A description of the type of order submitted. Many orders will have combinations of the following types. For example a Stop Limit order submitted as part of an OCO will be “S:12345, L:12345, OCO”. The following are a list of some examples of what can appear in the Order Type column.
L: Limit Price
The order will trade at the limit price or better.
S: Stop Trigger Price
The price displayed is the stop order’s trigger price.
SSL: Stop Same Limit
The price displayed is the stop order’s trigger and limit price.
Market
The order will trade at the best available price.
P: Pit Price
Pit Trade. Only available if you have been given permission to trade pit trades.
Overnight Position
If you have Overnight Position Rollover enabled then any positions rolled into a new trading day will have this order type.
OCO
Order Cancels Order. Two orders are linked so that if one trades the other is pulled.