Common use of Market Orders Clause in Contracts

Market Orders. A. Market IOC ✓ ✓ The Market IOC order type will submit an aggressive order to the ECN. This order type will match against the best market quotes until the order's quantity is completely filled or there is no more liquidity on the ECN. Any remaining balance will be canceled by the Platform. GUI users only may opt to not receive partial fills. i. Time Slice ✓ See 1.C.ii. under ECN Order Types. Note this order type submits Market IOC orders in lieu of Limit IOC orders.

Market Orders. A. Market IOC ✓ ✓   The Market IOC order type will submit an aggressive order to the ECN. This order type will match against the best market quotes until the order's quantity is completely filled or there is no more liquidity on the ECN. Any remaining balance will be canceled by the Platform. GUI users only may opt to not receive partial fills. i. Time Slice ✓  See 1.C.ii. under ECN Order Types. Note this order type submits Market IOC orders in lieu of Limit IOC orders.