Values for the price_type field, controlling how an order is priced and triggered.
Overview
The price_type field appears in Place Order and Modify Order payloads. It determines whether an order rests at a fixed price, follows the market, or waits for a trigger.
Codes
Code
Order Type
Description
LMT
Limit
Order rests at the specified prc or better. Requires prc.
MKT
Market
Executes immediately at the best available price. prc is ignored.
SL-LMT
Stop Loss Limit
Converts to a limit order at prc once the market touches trgprc. Requires both prc and trgprc.
SL-MKT
Stop Loss Market
Converts to a market order once the market touches trgprc. Requires trgprc; prc is ignored.
Overview
The
price_typefield appears in Place Order and Modify Order payloads. It determines whether an order rests at a fixed price, follows the market, or waits for a trigger.Codes
LMTprcor better. Requiresprc.MKTprcis ignored.SL-LMTprconce the market touchestrgprc. Requires bothprcandtrgprc.SL-MKTtrgprc. Requirestrgprc;prcis ignored.Usage example
Related
See Transaction Type Codes for the paired
buy_or_sellfield, and Product Type Codes forproduct_type(MIS / CNC / NRML).