July 29, 2019 11:06

How to create orders in the Marketplace?

To create orders on the trading account must be the appropriate currency. Orders are divided by type:

  • Market order
  • Limit order
  • Stop order

also into created immediately and created by a certain condition (triger).

Market order

Order buy / sale, which is executed on the current best limit orders. It may be triggered if you add it as a nested (connected) when creating a advanced order. To create a market order, you must specify in the input field the amount in the quoted currency for which you plan to buy the base currency for the buy order, or the amount in the base currency you plan to sell for the quoted currency for the sell order.

Limit order

Order indicating the price at which the order is executed. This order may be in a state of partial execution. It is fill only when it is the current best price (BID-ASK) at the time of the tick. Can be nested. To create a limit order for buy you must specify in the input field the amount you plan to buy in the base currency and the limit price - the price at which the base currency will be purchased. To create a limit order for sell you must specify in the input field the amount you plan to sell in the base currency and the limit price - the price at which the base currency will be sold.

Stop order

Trigger order that is created when the market price reaches the price specified in the order. To create a stop order you must specify the amount in the quoted currency for which you plan to buy the base currency for the buy order or the amount in the base currency that you plan to sell for the quoted currency in the input field for the sell order. In the "Stop price" field need to specify the price in the quoted currency for the price that will be used as a trigger.