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IFD


IFD (If Done) is an order with two-part, if the primary part of the order is executed, the secondary part of the order will be activated accordingly.

Unlike AS Streaming and Streaming orders, you cannot set slippage for IFD Orders. Please be aware of potentially unlimited slippage.

Place Order

1. Open “Order Window”
2. Select a “Currency Pair” and a “IFD” tab
3. Enter the “Amount” (10,000 or 1,000 of the base currency)
4. Select the “Buy/Sell”
5. Primary Order: Set the “Limit/Stop”, “Rate”, “Expire” (Day/Week/Good-Til-Canceled GTC)#
6. Secondary Order: Set the “Limit/Stop”, “Rate”, “Expire” (Day/Week/Good-Til-Canceled GTC)#
7. Click “Confirm/Submit”

# Definition of Order Expiry
- Day: Order will expire automatically at NY market close on the same day it is created. If the order is created on Sat or Sun, order will good until the next trading day’s NY market close.
- Week: Order will expire on Friday NY market close in the same week it is created.
- GTC: Order will stay open until it is cancelled or executed.