Order Types / Strategies
Aquanow's available trading strategies
Aquanow's available trading strategies
If an unauthorized error is returned when using an order type, contact Aquanow's support to enable it.
Order Type | Description | Applicable Fields |
---|---|---|
RFQ
Two-stage: Request for quote and confirmation.
8 second execution window by default.
Receive / Deliver Quantity
UsernameRef (optional) - user provided reference
Market
Immediate execution.
Users will be prompted to confirm orders prior to execution.
Receive / Deliver Quantity
UsernameRef (optional) - user provided reference
Limit
Instruction to buy/sell up to/down to a set price.
User sets price parameters.
Limit stays open for 24 hours.
Limit Price
Receive / Deliver Quantity
UsernameRef (optional) - user provided reference
GTC/GTD
"Good-Till-Cancel" / "Good-Till-Date" limit orders.
Set to expire at a specific user entered date or at max after 90 days.
Limit Price
Receive / Deliver Quantity
UsernameRef (optional) - user provided reference
Expiration Time (Required for GTD)
TWAP
Time-Weighted Average Price (TWAP) is used when buying or selling large amounts of digital assets over time, with the ability to choose the amount being bought/sold and its time period.
Limit price
Quantity of currency
Total (price x quantity)
Duration (in min)
UsernameRef (optional) - user provided reference