Order Types

UTM supports the following order types.

Market Order

Executes immediately at the best available price.

{
  "orderType": "market"
}

Executes at the specified price or better.

{
  "orderType": "limit",
  "limitPrice": 150.0
}

Triggers a market order when the stop price is reached.

{
  "orderType": "stop",
  "stopPrice": 145.0
}

Triggers a limit order when the stop price is reached.

{
  "orderType": "stopLimit",
  "stopPrice": 145.0,
  "limitPrice": 144.5
}