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What Do You Mean By Funari Order Type?

Answer»

Funari is very popular Order type COMMONLY USED in Japanese and Korean MARKET , its denoted by OrdType=I in FIX PROTOCOL , In Funari Order type Order will remain in Market as Limit Order but during Market Closing PERIOD , if there is any unexecuted quantity then it will turn into a Market Order.

Funari is very popular Order type commonly used in Japanese and Korean market , its denoted by OrdType=I in FIX protocol , In Funari Order type Order will remain in Market as Limit Order but during Market Closing period , if there is any unexecuted quantity then it will turn into a Market Order.



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