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What do Hawke and FAK mean in the futures trading interface?
1, FOK instruction:

Deal immediately, otherwise, the automatic cancellation instruction refers to the issuance of limit orders. If all the declared lots under this instruction fail to be closed, all the declared lots under this instruction will be automatically cancelled by the system.

2.FAK instruction:

The automatic cancellation instruction of closing the remaining orders immediately refers to issuing a limit order. If the number of batches declared under this instruction is closed, the remaining declared batches under this instruction will be automatically cancelled by the system.

Extended data:

Zazie Hoko

As a unique trading method, futures trading has different characteristics from spot trading. Compared with spot transactions, there are mainly the following differences between them:

1, different transaction objects. One is the difference in the subject matter of the transaction. Spot trading, whether it is spot trading or forward contract trading, the subject matter of the transaction is physical, so spot trading is also called physical trading; The object of futures trading is not a concrete object, but a "standardized futures contract" formulated by the exchange.

2. The range of trading objects is different. Spot trading can be used for all goods on the market; However, the range of commodities used for futures trading is narrow, and generally speaking, they are mainly primary products that can be standardized and stored.