7 attributes are currently supported for Futures and Spot:
- Hidden
- Post
- Reduce
- Display/Refresh
- Take Profit/Stop Loss (TP/SL)
- Price
- % from Price
- Stop Loss
- Stop Limit
- Stop Market
- Trailing Stop Limit
- Trailing Stop Market
- Stop Limit
- Stop Limit
- Trailing Stop Limit
1. Hidden
This attribute makes the order hidden and is not reported in the market data. It's useful for users who don't wish to advertise their interest or size to the world.
2. Post
Your order will not immediately execute when adding Post (Post Only) and will sit as a maker order on the order book. Once executed, you will receive a maker rebate depending on the pair traded.
3. Reduce
Once executed, a Reduce attribute is designed to not add to your current position. Alphaseek makes every attempt to ensure the opposite does not occur, but this may not always be possible due to the complexity of moving orders.
4. Display/Refresh
Display/Refresh changes the size and amount displayed to other traders. The display size and amount of the first order will reflect in the order book. Once the display size is fully executed, the order is sent to the back of the queue, and the refresh size will be substituted as the size displayed.
Example: BTC/USDT
Limit Price: 40000
Size: 3 BTC
Side: Buy
Display Size: .5 BTC
Refresh Size: 1 BTC
Volume displayed on the order book is .5 BTC (Display Size)
The order becomes #1 in the queue, and .5 BTC (Display Size) will be executed, and then the order is placed at the back of the queue.
Volume displayed on the order book is 1 BTC (Refresh Size)
The order again becomes #1 in the queue, and 1.0 BTC (Refresh Size) will be executed, and the order will be placed at the back of the queue.
Volume displayed on the order book is 1 BTC (Refresh Size)
The order again becomes #1 in the queue, 1.0 BTC (Refresh Size) will be executed, and the order is placed at the back of the queue.
Volume displayed on the order book is .5 BTC (Remaining Size)
The order again becomes #1, and the remaining quantity of .5 BTC will be executed.
5. Take Profit/Stop Loss (TP/SL)
Alphaseek allows you to set the TP/SL based either on Price or Percent from the current traded price. Both Take Profit and Stop Loss are designed to close your position when it reaches a specified level. TP/SL works just like OCO, one order executes and the other is canceled.
6. Stop Loss
A Stop Loss is an order and attribute by itself. You can attach a Stop Loss attribute to 3 order types: Limit, Pegged, and Bracket.
The following attributes are available for Stop Loss:
-
Stop Limit
-
Stop Market
-
Trailing Stop Limit
-
Trailing Stop Market
7. Stop Limit
A Stop Limit is an order and attribute by itself. You can attach a Stop Limit attribute to 3 order types: Limit, Pegged, and Bracket.
The following attributes are available for Stop Limit:
-
Stop Limit
-
Trailing Stop Limit
4 Time in Force (TIF) instructions are currently supported for Futures and Spot:
- Good 'Til Canceled (GTC)
- Good-For-Day (GFD)
- Immediate Or Cancel (IOC)
- Fill Or Kill (FOK)
1. Good 'Til Canceled (GTC)
Good ’Til Canceled (GTC) instructs the order to remain active until it is executed or the user cancels it.
2. Good-For-Day (GFD)
Good-For-Day (GFD) instructs the order to be valid until the user logs out.
3. Immediate Or Cancel (IOC)
Immediate-Or-Cancel (IOC) instructs the order that it must execute immediately. Any remaining size that is unfilled will be canceled.
3. Fill Or Kill (FOK)
Fill-Or-Kill (FOK) instructs the order must be filled in its entirety or be canceled (killed).
Email: support@alphaseek.io
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