What are enhanced limit order, limit order, at-auction order, at-auction limit order and market order?
Enhanced limit order: Order will only be executed at a specified price or one better spread; Limit order: Order will only be executed at a specified price; Market order: Order will be executed at the best available price in the current market; At-auction order: Order will be executed at the final IEP in the pre-opening session. It will be cancelled automatically if it is not being executed. Remember that at-auction orders get higher priority than at-auction limit orders during order matching process; At-auction limit order: Order will be executed at a specified or better price during the pre-opening session and will be placed as a limit order in the market after the pre-opening session if it has not been executed.
Related Questions
- What is the difference between market order, limit order, at-auction order, at-auction limit order, enhanced limit order and special limit order?
- What are enhanced limit order, limit order, at-auction order, at-auction limit order and market order?
- How should orders be divided into the three classes (market, limit, other) specified by the Rule?
