Advanced Order Types for Precise Trade Execution
In addition to basic market and limit orders, Intel Markets offers a range of advanced order types for traders seeking enhanced trade execution capabilities.
Fill-or-Kill (FoK): Fill-or-Kill orders are executed immediately and entirely or canceled entirely. If the order cannot be filled in its entirety immediately, it will be canceled, reducing the risk of partial fills and unfilled orders.
Immediate-or-Cancel (IOC): Immediate-or-Cancel orders are executed immediately and any portion of the order that cannot be filled immediately is canceled. Unlike FoK orders, IOC orders allow for partial fills, ensuring flexibility in trade execution.
Post-Only Orders: Post-Only orders are limit orders that are only added to the order book and not immediately filled. This order type ensures that traders receive maker rebates and avoid paying taker fees, encouraging liquidity provision on the platform.
Time-in-Force Orders: Time-in-force orders specify how long an order will remain active before it is automatically canceled. Traders can choose from options such as Good 'Til Canceled (GTC), Immediate or Cancel (IOC), or Fill or Kill (FOK) to tailor their orders to their specific trading preferences.
With these advanced order types, traders on Intel Markets can execute their trades with precision and efficiency, optimizing their trading strategies and maximizing their potential for success in the dynamic cryptocurrency markets.
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