OKCoin - What's now?
OKCoin today announced the addition of TWAP orders to their futures trading platform.
With this latest addition, OKCoin has brought their full suite of algo orders from spot to futures trading.
OKCoin remains the only exchange with algorithmic trading tools on both the spot and futures market.
We believe these features will offer a superior trading experience to our users.
The TWAP order type allows high volume traders to execute orders over a specific time period, with the intention of keeping the price close to the prevailing market price.
A TWAP works by breaking a single large order into multiple smaller orders that trade at predetermined time intervals.
Individual smaller orders will fill a certain percentage of the open orders in the order book; once completely filled, another small order will be placed into the market after a specified time interval.
Please click "Introduction of OKCoin", if you want to know the details and the company information of OKCoin.