Limit Order

Limit Orders

Rest on order book at specified price. Execute when market reaches price level or better.

Parameters:

• instrument: Trading pair

• side: LONG or SHORT

• size: Position size

• price: Exact execution price

• timeInForce: GTC (Good-Till-Cancel) or IOC (Immediate-Or-Cancel)

Order Book Placement:

• Buy orders: Stored in descending price order

• Sell orders: Stored in ascending price order

• Price-time priority: Orders at same price fill chronologically