There are three order execution(执行) modes in the client terminal:
In this mode, the order is executed(实行) at the price offered to the broker. At sending the order to be executed, terminal sets the current prices in the order. If broker accepts the prices, the order will be executed. If not, the so-called “Requote” will occur: Broker returns prices at which the order can be executed.
In this mode, the market order is executed at the price previously received from the broker. Prices for a certain market order are requested from the broker before the order is sent. After the prices have income, order execution at the given price can be either confirmed(确认) or rejected.
In this order execution mode, broker makes a decision about the order execution price without any additional(附加的) discussion with the trader. Sending of the order in such a mode means advance consent(同意) to its execution at this price.