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 |
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RFQ | Two-stage: Request for quote and confirmation. 8 second execution window by default. |
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Market | Immediate execution. Users will be prompted to confirm orders prior to execution. |
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Limit | Instruction to buy/sell up to/down to a set price. User sets price parameters. Limit stays open for 24 hours. |
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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. |
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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. |
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