Order Types
Limit Order : A Limit Order enables participants to specify the maximum purchase price or minimum sale price for execution.
Orders are executed only at the specified price or at a more favourable price available in the market.
Suitable for: Controlled price execution.
Market Order : A Market Order is executed immediately at the best available market price at the time of order execution.
Execution priority is based on available market liquidity.
Suitable for: Immediate execution.
Immediate or Cancel (IOC) Order : An Immediate or Cancel (IOC) Order attempts immediate execution upon order submission.
Any portion that cannot be executed immediately is automatically cancelled.
Suitable for: Immediate execution without retaining unexecuted quantity.
Stop Loss Order : : A Stop Loss Order allows participants to define a trigger price for order activation.
Once the trigger condition is met, the order becomes active in the market in accordance with applicable order parameters.
Suitable for: Position protection and risk management.