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Glossary

Terms6 shown

GTCThe limit order setting remains valid until canceled, with the maximum validity period stipulated in the document being 90 days.
OCO(Choose one of two) OrderAn order that combines a limit order with a limit take-profit/stop-loss order, ultimately allowing only one of the two orders to be filled.
limit orderAn order that allows traders to set a specific selling price or other price conditions; it may remain pending until the priority conditions are met.
limit ordersAn order with the maximum purchase price or minimum selling price set by the trader; it can only be executed at that price or a better price.
stop-limit orderA conditional order triggered by the price level, rather than executed based on whether it is fully filled.
Limit orderAn order that may be executed only at the specified price or a better price; reaching the price does not guarantee full execution.

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Definition

limit order

An order that allows traders to set a specific selling price or other price conditions; it may remain pending until the priority conditions are met.

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