How to Place Time-Released Orders?
Time-Released Orders allow you to schedule an order to be automatically sent to the exchange at a specific time.
Published
Topic
Orders & Positions
Time-Released Orders allow you to schedule an order to be automatically sent to the exchange at a specific time. When this feature is enabled, the order remains in a "Suspended" state on the servers until the designated time. Once that time arrives, the order is submitted to the exchange.
To set up a Time-Released Order in the KGI Crusoe platform, follow the steps below:
Step 1
Click either the Trading button at the top of the screen or the cog wheel next to the DAY/GTC buttons on a Chart Module with Trade Mode enabled.
Step 2
Toggle Release to On, then set the specific Date and Time you would like the order to be submitted to the exchange.
How-Can-I-Place-a-Time-Released-Order-in- KGI Crusoe-Web screenshot 2
Step 3
When using Time-Released Orders:
From the Trading menu: Clicking Send submits your order to the servers, where it stays in a Suspended state until your specified release time.
From the Chart: After enabling the Release function, any new orders you submit will also remain Suspended until the set time is reached.
To monitor order status, we recommend using the Orders Module. This allows you to confirm that your orders transition from Suspended to Working, indicating they’ve been successfully submitted to the exchange at the scheduled time.
Learn more about all potential order statuses here: Order Status Definitions
Additional Notes
This functions similarly to the GTD (Good-Till-Date) order flag, which can also be set through the Trading menu and Order Flag Settings menu. However, time-Released Orders control when an order is submitted to the exchange, while Good-Till-Date (GTD) settings determine when a pending order will be automatically canceled if it hasn't been filled or manually canceled beforehand.
To learn more about all available order flags, please visit this page: Modifying Order Flags