Showing posts with label trading orders. Show all posts
Showing posts with label trading orders. Show all posts

18 April 2023

Type of Trading Orders


Types of Trading Orders
For enrolment of advance trading orders, please contact your broker

Day:  An order that is valid for the current trading day and will expire if not executed.

FOK (Fill Or Kill):  An order that shall be matched with the entire quantity or be completely cancelled.

FAK (Fill And Kill):  An order that shall be matched with as much quantity as possible. Any unfilled balance shall be cancelled.

GTD (Good Till Date):  An order that is valid up to a specified date until it is fully filled, cancelled or when the stock is delisted or when the order is purged for corporate actions.

GTM (Good Till Max):  An order that is valid up to 30 calendar days until it is fully filled, cancelled or when the stock is delisted or when the order is purged for corporate actions.
//amazon