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Spectre supports the following standard order types.

Supported Types

  1. LIMIT: Buy or Sell at a specific price or better. Added to the book if not potentially matched.
  2. MARKET: Buy or Sell immediately at the best available price.
  3. STOP_MARKET: Triggers a MARKET order when the index price crosses the trigger_price.
  4. STOP_LIMIT: Triggers a LIMIT order when the index price crosses the trigger_price.

Time in Force

  • GTC (Good Till Cancelled): Default. Order stays in the book until matched or cancelled.
  • IOC (Immediate or Cancel): Requires the order to be matched immediately (partially or fully). Any unfilled portion is cancelled.
  • FOK (Fill or Kill): Requires the entire order to be executed immediately or cancelled completely.