Time-In-Force orders are instructions for open orders that specify how long they will
remain active before expiring. These orders give traders an added level of control when
managing active positions. Delta Exchange offers two Time-In-Force order options:
- GTC - Good-Till-Cancelled: This order type ensures that the order remains active until the trader manually cancels it. When using GTC, the order will execute when conditions are met or be canceled by the trader.
- IOC - Immediate-Or-Cancel: IOC orders ensure that any unfilled portions of an order are immediately canceled if they cannot be filled. IOC orders execute as much of the order as possible and cancel the remainder instantly.
Time-In-Force orders empower traders by providing enhanced control over the timing and execution of their orders on Delta Exchange. For more information you can visit our Youtube channel.