TWAP Order
What is TWAP order?
TWAP - or Time Weighted Average Price - allows you to split a large order up to be executed over a period of time, so that you fill your orders over an average price.
How to submit a TWAP order?
- Select the market that you wish to trade
- Select “TWAP” under the order types
- Input the parameters of the TWAP order
- Buy / Sell - Trade direction
- Size - Total size of the orders to be submitted
- Hours and Minutes - Total runtime of the TWAP order
TWAP splits a large order into Market Orders submitted over your specified period of time.