What types of Orders can I place?
BPI Trade provides the following order types:
- Day Order (DAY). This order is valid until the end of the trading day only. If the order is not matched during the day, this will automatically be cancelled and will have to be reposted by the client on the next trading day again.
- Good till Day/Date (GTD). This order is valid until its specified date. If unmatched until the given date, this will automatically be cancelled and will have to be reposted by the client on the next trading day.
- Good till Cancelled (GTC). This order is valid until either the order is filled or cancelled by the client.
- Fill and Kill (FAK). This order is to be filled in its entirety. Otherwise, to be cancelled if the entire order is not filled at once.