Orders allow customers to buy and sell any of the assets on DriveWealth's platform.
Full Guide Available
Visit 🔒 Creating an order and its sub-pages for comprehensive information on the Order workflow, edge cases, different Order types, and more.
There are 3 statuses that are considered immutable; CANCELLED
, REJECTED
, and FILLED
.
When an order is submitted it will be returned with a status of NEW
. From here the status can be updated to any of the following; PARTIAL_FILL
, CANCELLED
, REJECTED
, FILLED
.
A PARTIAL_FILL
will ONLY transition to FILLED
or CANCELLED
.
On fractional orders that are < 1 share you should not expect to receive a PARTIAL_FILL
status. For orders that are fractional but > 1 shares (eg. 5.12580012) you will receive a PARTIAL_FILL
status for the whole share execution, and upon fractional share execution the status will be updated to FILLED
.
For PARTIAL_FILL
orders that wind up being CANCELLED
its possible to determine the executed amount prior to the order cancellation using the cumulativeQuantity
in the response. cumulativeQuantity
is the total amount that has been filled, where the quantity
of an order is the amount that was requested.
Fractional Share Information
For further information on DriveWealth's Fractional shares please see the following