Order and Cancel (No Fills)
Place a limit order and cancel it before any fills occur. OpenYield acknowledges the order is live, then acknowledges the cancellation.
A resting limit order can be cancelled at any time while it remains on the book. Once the cancel is acknowledged, the order is removed from the market and no further fills will arrive.
Note
OpenYield monitors the rate of order creates and cancels without fills. Repeatedly placing and cancelling orders may trigger anti-gaming or anti-spoofing controls.