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 Day (GTC), IoC, and FoK time in force, plus the AoN and SFC order types, 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, the final fill (OrdStatus 39=2) gives the total quantity and weighted average price and closes out the order. No further fills will arrive after it.