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Guide overview
Order types define how trading instructions are intended to interact with the market—market, limit, and related variants.
This guide helps product and operations teams explain order types clearly inside trading platforms.
Clear education reduces support tickets and improves trust in order management workflows.
Core idea
Order type choice affects urgency, price expectations, and fill uncertainty.
Platforms that hide this complexity create confused clients and noisy support queues.
Core idea
Market orders prioritize speed of execution over a specific price.
Clients should understand that displayed prices can differ from final fills.
Core idea
Limit orders specify a price boundary for acceptable execution.
They may not fill if the market never reaches the limit condition.
Core idea
Use plain language, confirmations, and status clarity.
Avoid implying guarantees the broker cannot provide.
Core idea
Order types become fields and states inside OMS-oriented operational views.
Consistent vocabulary across client UI and admin tools reduces internal errors.
Limit vs stop confusion, assuming pending means protected, and misunderstanding partial fills are common.
3 questions covered before you launch.
Expose what you support well. Unsupported labels create false expectations.
Stop loss is one concept within the broader order-type family. Link both guides for clarity.
See Order Management for operational capability positioning.
Use this guide when planning capabilities, vendor conversations, and internal priorities.
Review the related commercial pages below when you are ready to map education into an implementation path.
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