Order and Fill

Submit a Limit or Market order for a bond. OpenYield acknowledges the order is live on the marketplace.

• A Limit order rests on the book at your specified price. It fills immediately if a matching contra-side exists, or waits until one appears.
• A Market order fills immediately against the best available liquidity and cancels any unfilled remainder.

Orders support GTC, IoC, FoK, and AoN time-in-force values, giving you control over how long an order remains live and whether partial fills are acceptable.

As contra-side liquidity is matched, partial fills are delivered in real time. When the order is completely filled, a final execution report gives the total quantity and weighted average price, followed by a completion ticket that closes out the order. No further fills will arrive after the completion ticket.