Order duration menu (Order Ticket)

DAY, GTC (good-till-cancelled), GTD (good-till-date), FAK (fill and kill), FOK (fill or kill), and ICBRG (Iceberg) are the order duration options.

•      DAY is the default. If a DAY order is unfilled at the close of the trading session, it is automatically canceled.

•      GTC orders are left open until canceled by the trader.

•      GTD orders are left open until the close of the exchange’s trading session on the date the trader specifies.

•      FAK orders are used to buy or sell a quantity at a limit price. If the entire order is not immediately filled, the remaining quantity is cancelled.

•      FOK orders require that the entire quantity be executed immediately or the order is cancelled.

•      ICBRG orders are limit DAY or GTC orders that have both a total quantity and a display quantity that is shown publicly on the order book. These orders must be enabled in preferences.