Sirwin
Sirwin

Trading 101 - Order Types: All or None (AON)

By TradingBull | TradingBull_articles | 4 Feb 2021


bec7544b4978a6ac1959749a611e12b249e73cb3b89c335e1c98d48a98ea4df2.jpeg

All or None Orders (AON) are orders that must be executed entirely or remain open until a full and total execution situation is met. Said differently, AON orders that cannot be immediately, fully executed remain open until executed or cancelled. It is not common to find AON orders within the cryptocurrency market as the market is continuous (never stops operating). AON is mostly used on stock markets to keep an order open over several days.

Pros: Can be efficient strategy for large volume orders fulfillment (Institutions and Funds).

Cons: Large orders can take time to be executed or even never execute in illiquid markets.

How do you rate this article?

1


TradingBull
TradingBull

Cross Exchanges trading and Digital Assets management platform


TradingBull_articles
TradingBull_articles

TradingBull publications about specialized blockchain research, news and industry-related topics.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.