Order Types / 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