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Learn Algorithmic Trading
book

Learn Algorithmic Trading

by Sebastien Donadio, Sourav Ghosh
November 2019
Beginner content levelBeginner
394 pages
10h 31m
English
Packt Publishing
Content preview from Learn Algorithmic Trading

IOC – Immediate Or Cancel

These orders never get added to the book. They either match against existing resting orders to a maximum of the IOC order size, or the rest of the incoming order gets canceled. If no resting order is available at a price that the IOC can match against, then the IOC is canceled in its entirety. IOC orders have the benefit of not resting in the book post matching and causing additional complexity with order management in trading algorithms.

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Publisher Resources

ISBN: 9781789348347Supplemental Content