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Supported Order Types and Time-in-Force for Prediction Markets

Supported Order Types

Prediction markets trading supports limit and market orders.
  • Limit order: An order with a price limit. The order will be executed only at the specified price or better. And there is no guarantee of execution.
  • Market order: An order that executes at the market's best available price. It doesn't guarantee a specific price.

Supported Time-in-Force

Prediction markets trading supports Day, Good-Til-Canceled (GTC), Good-Til-Date (GTD), and Immediate-Or-Cancel (IOC).
Note: Market orders only support day time-in-force.

Day

The order expires at the end of the day's trading session, and any unfilled portion is automatically cancelled.

Good-Til-Canceled (GTC)

The order will remain valid until it is fully executed or cancelled. Investors can place a pending order at a desired price in advance.
Note: Orders automatically cancel after 90 calendar days.

Good-Til-Date (GTD)

The order remains valid until the close of trading on the specified date, or until the order is fully executed, cancelled, or fails to be placed.

Immediate-Or-Cancel (IOC)

After the order is submitted, it will be immediately filled for the maximum tradable quantity, and the unexecuted portion will be cancelled.
 
Disclosure:
Restrictions apply. Futures trading is not appropriate for everyone. Event contracts are offered by Moomoo Financial Inc., an FCM registered with the NFA. Not available in all states.
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