By default, equity security orders default to Market (Order Type) orders, which are canceled if not executed before the close of business. If instead of using the Market order, you want to specify certain market conditions under which the trade should be executed, you can use a conditional order.

If you send trade orders to FIX Flyer for execution, you can specify the following Order Instructions to create conditional orders:

• Order Type

• Limit Price

• Stop Price

• Time in Force

For steps to set order instructions for one order, see Add or Update Order Instructions.

For steps to add or update trade order instructions for multiple accounts and orders, see Add or Update Order Instructions in Bulk.

For more information about trading with FIX Flyer, see Trading Workflow Using FIX Flyer.