I'm wondering what the lifetime of an order is. On the stock market, many orders... | Hacker News

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film42 on Jan 26, 2015 | parent | context | favorite | on: Coinbase Exchange

I'm wondering what the lifetime of an order is. On the stock market, many orders are canceled if they're not fulfilled in that trading day. An exchange like this works a bit different. Could anyone shed some light?

jafaku on Jan 26, 2015 | [–]

Some Bitcoin exchanges have two options for orders: "Immediate or cancel" and "Good until cancelled".

hagope on Jan 26, 2015 | [–]

Yes exactly, I'm wondering the same as well...stock trading platforms generally have "good to cancel" GTC or expires at the end of the day, I'm assuming GTC??

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