Perpetual Order Type

Limit Orders
A limit order is used to Long Buy or Short Sell contracts at a specified price. With Limit Orders, you can choose when to trigger the order.

1. Always Valid (default): The order will remain valid until the user cancels the order or the order has been fully completed in the market;

2. Immediate or Cancel: When the order is submitted, any uncompleted part will be cancelled immediately. If none of the transactions are executed when submitted, all will be cancelled; if part of the transaction is completed, the uncompleted part will be cancelled immediately;

3. Fill or Kill: When submitting an order, if the order cannot be completely executed in the market, it will be cancelled immediately.

4. Post Only: After the order is placed, the order will not be executed in the market immediately. If the order will be executed immediately with the existing order, the order will be cancelled, ensuring that the order will always be Maker.

5. Hide orders: After placing an order, you can hide the order and not display it on the market.

Market Orders
According to your order amount, the order will be executed in sequence according to the current market price of buy or sell order. When the market has insufficient opponents, the orders that cannot be executed will be cancelled. If market has no opponents at all, the order cannot be submitted.

Stop-Limit Orders  (also known as stop profit and loss of limit order)

Under this type, you can set the stop price, limit price and amount in advance. When the order is triggered, the system will automatically send the limit order you set up in advance to the market, and the order methods you can choose are as follows:

1. Always Valid (default): The order will remain valid until the user cancels the order or the order has been fully completed in the market;

2. Immediate or Cancel: When the order is submitted, any uncompleted part will be cancelled immediately. If none of the transactions are executed when submitted, all will be cancelled; if part of the transaction is completed, the uncompleted part will be cancelled immediately;

3. Fill or Kill: When submitting an order, if the order cannot be completely executed in the market, it will be cancelled immediately.

4. Post Only: After the order is placed, the order will not be executed in the market immediately. If the order will be executed immediately with the existing order, the order will be cancelled, ensuring that the order will always be Maker.

5. Hide orders: After placing an order, you can hide the order and not display it on the market.

6. Trigger price: You can set the trigger price types of "Trade History", "Index Price", and "Mark Price" respectively:

· Trade History (By default) : The order is to be triggered when the Last Price hits the Stop price.
· Index Price: The order is to be triggered when the Index Price hits the Stop price.
· Mark Price: The order is to be triggered when the Market Price hits the Stop price.

Stop-Market Orders (also known as stop profit and loss of market order)

1. In this type, you can set the stop price and amount in advance. When the order is triggered, the system will automatically send the market order you set in advance to the market.

The order will be executed in sequence according to the current market price of buy or sell order. When the market has insufficient opponents, the orders that cannot be executed will be cancelled. If market has no opponents at all, the order cannot be submitted.

2. Trigger price: You can set the trigger price types of "Trade History", "Index Price", and "Mark Price" respectively:

· Trade History (By default) : The order is to be triggered when the latest price hits the Stop price.
· Index Price: The order is to be triggered when the Index Price hits the Stop price.
· Mark Price: The order is to be triggered when the Market Price hits the Stop price.