Ladder Order in Exchange

Ladder Order in Exchange

In the Ladder Order, user specifies the N (<=10) number of Price Limit Orders. For each of the Limit Order, the user specifies the same details as in the regular Limit Order.

The trigger in this Order Type is the execution of (N-1)th Order i.e The User submits all the ten Orders to the Exch. Once the first Order is executed, it triggers the Order placement of the second order in the Exchange. 

Once the second limit Order is executed, the third order is placed in the Exch and the flow goes on until all the Ten Orders are executed. The N Orders can be any combination of Buy and Sell Limit Orders.



    • Related Articles

    • Order types in Exchange

      1. Limit Order  Exchange supports only limit orders and market orders. Placing a limit order lets you decide what price you wish to buy or sell at. Your order will be queued in the order book, until a counterparty wishes to take the order. 2. Market ...
    • Split order in Exchange

      As the name suggests in Split order, the size/ quantity of the pair Coin in a price Limit order is split into N (<=10) smaller quantities and N different limit orders are placed in the exchange in one go. Each of those N orders will execute based on ...
    • Unocoin Exchange

      While trading, you buy or sell the cryptos directly from Unocoin. When it comes to exchange, you can buy or sell from/to anyone who is selling/buying at your desired rate. Unocoin helps you find your perfect match of buyers or sellers. Under the ...
    • Order Book

      The order book gives you a list of all open (unfilled) buy and sell orders. ​                                                                       In this image we can clearly see the buy and selling prices. The orders which are in red color are ...
    • I have given incorrect bank details on my order, how can this be fixed?

      You can write to us at support@unocoin.com or call us on our customer support number 7788978910 with whatever amends that need to be applied to your order.  Provided the order has not yet been processed, we may be able to stop the transaction and ...