Order Type's

Modified on 2011/08/02 11:21 by Rob Rrickson (CTS) — Categorized as: Uncategorized

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.

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.