Introduction to Futures Execution Types

Customer Specialist Team
Updated

CoinEx provides 4 different order execution types to help you trade more efficiently and professionally.

 

Always Valid (AL)

The order will remain valid unless it's been canceled by you or fully executed in the market.

 

Immediate or Cancel (IOC)

Any unfilled part will be canceled immediately, as soon as the order is submitted. On one hand, if there is no transaction at the time of submission, all will be canceled. On the other hand, if the transaction is partially completed at the time of submission, the unfilled part will be canceled immediately.

 

Fill or Kill (FOK)

If the order cannot be fully executed in the market immediately, it will be canceled immediately.

 

Maker Only (MK)

The order will not be immediately executed in the market after submission. Even when the order is filled by any existing orders, it will be canceled to ensure that it remains as Maker Only.

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