Coinbase Exchange now supports additional order types for professional traders who like more control in how they place bitcoin trades.
There are three new “time in force” policies and a “post only” policy:
- Good Till Canceled is the default policy and follows the same behavior as limit orders currently do on the exchange.
- Immediate or Cancel orders will behave like regular limit orders, but any unmatched portion of the order will be canceled instead of being posted on the book.
- Fill or Kill orders will either be filled entirely or rejected.
- Post Only orders can only be posted to the book and will be rejected if they would cause a match or self trade.
The new order policies are also available via the Exchange API.
We’re working hard to continually improve our platform based on your feedback. If there is a feature you would like to see, please let us know on our Community Forum.
via The Coinbase Blog http://ift.tt/1Vxtwcm
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