Where is the commission order function of OYi Contract?

Commission orders allow traders to leverage third-party expertise by placing orders through exchanges or brokers, paying a fee for execution.

Jan 25, 2025 at 09:37 pm

Key Points

Understanding Commission Order Function
Identifying the Commission Order Interface
Placing a Commission Order
Managing Commission Orders
Monitoring Commission Order Status
Cancelling a Commission Order

Understanding Commission Order Function

A commission order is a type of order where a trader places an order with a third party, typically an exchange or broker, and pays a commission fee in exchange for the execution of the order.
OYi Contract offers a commission order function that allows traders to place orders with third parties and pay a commission fee.
Commission orders can be beneficial for traders who do not have access to a particular exchange or asset, or who want to benefit from the expertise of a third party.

Identifying the Commission Order Interface

Navigate to the OYi Contract trading platform.
Locate the "Order" panel on the right side of the screen.
Select the "Commission" tab at the top of the Order panel.

Placing a Commission Order

Enter the asset you wish to trade in the "Symbol" field.
Select the order type (e.g., limit, market, stop) from the "Type" drop-down menu.
Specify the order quantity and price in the respective fields.
Set the commission rate and fee in the designated fields.
Choose the third party you wish to place the order with from the "Broker" drop-down menu.
Review the order details and click the "Place Order" button.

Managing Commission Orders

OYi Contract provides a "My Orders" section where traders can view and manage their open and closed orders.
To view commission orders, navigate to the "My Orders" section and select the "Commission" tab.
Traders can monitor the status of their commission orders, modify them, or cancel them as needed.

Monitoring Commission Order Status

The "My Orders" section displays the status of all commission orders in real-time.
Traders can view the following information:
- Order ID
- Symbol
- Order type
- Order quantity
- Order price
- Commission rate
- Commission fee
- Order status (e.g., open, filled, cancelled)

Cancelling a Commission Order

If a commission order needs to be cancelled, traders can follow these steps:
Navigate to the "My Orders" section and select the "Commission" tab.
Find the commission order to be cancelled and click the "Cancel" button.
Confirm the cancellation request.

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