Katana Perps — Time In Force
Compare GTC, GTX, IOC and FOK time-in-force settings on Katana Perps and understand how each option controls execution and order-book behavior. Read the current
GTC & GTX
Good-Till-Cancelled orders remain active until filled or canceled. GTX is the post-only option and is canceled if it would immediately cross the spread.
IOC & FOK
Immediate-Or-Cancel fills what is available immediately and cancels the rest. Fill-Or-Kill requires the entire quantity to execute immediately or rejects the order.