FoundationMultiple choice
Which order type executes whatever quantity is available immediately at your limit and cancels any remainder?
- AFill-or-kill, which cancels the order unless it can fill in full at once
- BImmediate-or-cancel
- CGood-till-cancelled, which leaves any unfilled quantity resting on the book
- DA stop order, which becomes a market order once a trigger price trades
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Market structure: the book, the order types and who pays whom
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