1. Deribit Support
  2. Exchange
  3. Orders

Order attributes

  • Updated

Orders can have several attributes assigned to them.

Time in Force (TIF)

Time in force is a special instruction used when placing a trade to indicate how long an order will remain active before it is executed or expires.

GTC

Good till cancel (GTC) - GTC is the default setting. The order will remain open until it is filled, cancelled, or the instrument expires.

GTD

Good till day (GTD) - If it has not already been filled or cancelled, the order will be cancelled automatically at the end of the current daily session (8 AM UTC).

FOK

Fill or Kill (FOK) - The order is either filled immediately and completely, or not at all.

IOC

Immediate or cancel (IOC) - Any portion of the order that cannot be filled immediately will be cancelled.

Order type attributes

Hidden

A hidden order will sit in the order book, but will not be visible to other traders. A hidden order will always match as a taker order for fee purposes. Non-hidden orders at the same price level have a preference over hidden orders in the matching engine.

  • This attribute will hide the full amount of the order when applied on the user interface.

  • When placed via the API, the order can be partially hidden by utilizing the "MaxShow" field.

Post_only

Post only (post_only) - This setting will ensure the order will not act as a taker, and therefore will not match against orders that are already resting in the orderbook (excluding hidden orders). If the price of the order is such that it would otherwise execute against the best available price, the post only order will be placed into the order book one tick away from the best available price.

Post_only_reject

reject_post_only - This setting will ensure a post_only order will be rejected instead of having it's price adjusted. (Only available by API)

  • This setting is only available via the API.

Reduce_only

Reduce (reduce_only) - This setting will ensure the order can only reduce an open position. It can not increase the size of any existing positions, or open any new positions.

Trigger fill attribute (OCO, OTO, OTOCO)

The trigger fill attribute is set to "incremental" for orders placed on the user interface.

Via the API, the trigger fill attribute can be defined at the time of placement of the primary order.

First Hit

First Hit - A type of fill condition for linked orders. Any (partial) execution of the primary order will fully trigger or cancel the secondary order(s).

  • OCO - The secondary order will be completely cancelled upon the first (partial) hit of the primary order.

  • OTO - The secondary order will be fully triggered and placed upon the first (partial) hit of the primary order.

  • OTOCO - Both secondary orders will be fully triggered and placed upon the first (partial) hit of the primary order.

Complete fill

Complete Fill - A type of fill condition for linked orders. A complete execution of the primary order will fully trigger or cancel the secondary order(s).

  • OCO - The secondary order will be completely cancelled upon the complete fill of the primary order.

  • OTO - The secondary order will be fully triggered and placed upon the complete fill of the primary order.

  • OTOCO - Both secondary orders will be fully triggered and placed upon the complete fill of the primary order.

Incremental

Incremental - The default fill condition for linked orders. Any partial execution of the primary order will cause a proportional trigger or cancel of the secondary order(s).

  • OCO - The secondary order will be incrementally cancelled proportionally to a (partial) fill of the primary order.

  • OTO - The secondary order will be incrementally triggered and placed proportionally to a (partial) fill of the primary order.

  • OTOCO - Both secondary orders will be incrementally triggered and placed proportionally to a (partial) fill of the primary order.