What type of orders are offered by Optional Trader?

Various types of order types offered by option trader are:

1. RL (Regular Lot): An order that has no special condition associated with it is a Regular Lot Order. They are also known as NRML or Normal orders.

2. SL (Stop Loss): These orders are placed for minimizing/restricting the loss.

3. AON (All or None): All or none means that if someone is placing a big quantity order and he doesn't want to get less quantity to be executed, and then he can place an order that either all the quantity should get executed or none.

4. MF (Minimum Fill): In the case of minimum fill which means that at least this much of minimum quantity should get executed or none. It is also used for the buyback of shares.

5. ST (Special Trade): All the orders having either AON (all or none) or MF (min fill), come under the category of ST.