What are the different options for 'time in force' when placing a digital currency order on Webull?
mohamed smairiDec 25, 2021 · 3 years ago6 answers
When placing a digital currency order on Webull, what are the various options for 'time in force' and how do they affect the execution of the order?
6 answers
- Dec 25, 2021 · 3 years agoWhen placing a digital currency order on Webull, you have several options for 'time in force' that determine how long the order will remain active. The available options typically include 'Good Till Cancelled' (GTC), 'Immediate or Cancel' (IOC), and 'Fill or Kill' (FOK). GTC orders remain active until they are filled or manually cancelled by the user. IOC orders are executed immediately, and any portion of the order that cannot be filled immediately is cancelled. FOK orders require the entire order to be filled immediately, otherwise, the entire order is cancelled. It's important to choose the right 'time in force' option based on your trading strategy and the current market conditions.
- Dec 25, 2021 · 3 years agoWhen placing a digital currency order on Webull, you'll come across different options for 'time in force'. These options determine how long your order will be active and affect its execution. The most common options are 'Good Till Cancelled' (GTC), 'Immediate or Cancel' (IOC), and 'Fill or Kill' (FOK). GTC orders stay active until they are filled or manually cancelled. IOC orders are executed immediately, and any unfilled portion is cancelled. FOK orders require the entire order to be filled immediately, or it will be cancelled. Make sure to consider your trading goals and market conditions when choosing the right 'time in force' option.
- Dec 25, 2021 · 3 years agoWhen placing a digital currency order on Webull, you'll have different choices for 'time in force'. These choices determine how long your order will remain active and impact its execution. The most common options include 'Good Till Cancelled' (GTC), 'Immediate or Cancel' (IOC), and 'Fill or Kill' (FOK). GTC orders stay active until they are filled or manually cancelled. IOC orders are executed immediately, and any remaining portion is cancelled. FOK orders require the entire order to be filled immediately, or it will be cancelled. It's crucial to select the appropriate 'time in force' option based on your trading strategy and the current market conditions.
- Dec 25, 2021 · 3 years agoWhen it comes to placing a digital currency order on Webull, you'll encounter different choices for 'time in force'. These choices determine how long your order will be active and impact its execution. The most common options are 'Good Till Cancelled' (GTC), 'Immediate or Cancel' (IOC), and 'Fill or Kill' (FOK). GTC orders remain active until they are filled or manually cancelled. IOC orders are executed immediately, and any remaining portion is cancelled. FOK orders require the entire order to be filled immediately, or it will be cancelled. Consider your trading strategy and the current market conditions to select the most suitable 'time in force' option.
- Dec 25, 2021 · 3 years agoWhen placing a digital currency order on Webull, you'll have different options for 'time in force'. These options determine how long your order will be active and influence its execution. The most common options include 'Good Till Cancelled' (GTC), 'Immediate or Cancel' (IOC), and 'Fill or Kill' (FOK). GTC orders stay active until they are filled or manually cancelled. IOC orders are executed immediately, and any remaining portion is cancelled. FOK orders require the entire order to be filled immediately, or it will be cancelled. Make sure to consider your trading strategy and the current market conditions when selecting the appropriate 'time in force' option.
- Dec 25, 2021 · 3 years agoWhen placing a digital currency order on Webull, you'll have different 'time in force' options to choose from. These options determine how long your order will remain active and impact its execution. The most common options are 'Good Till Cancelled' (GTC), 'Immediate or Cancel' (IOC), and 'Fill or Kill' (FOK). GTC orders stay active until they are filled or manually cancelled. IOC orders are executed immediately, and any remaining portion is cancelled. FOK orders require the entire order to be filled immediately, or it will be cancelled. BYDFi also offers similar 'time in force' options for digital currency orders. Consider your trading strategy and the current market conditions when deciding on the most suitable 'time in force' option.
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