# Order Types

* **Market**                                                                                                                                                                                                                                                                                                    An order that executes immediately at the current mark price
* **Limit**                                                                                                                                                                                                                                                                                                    An order that executes at the selected limit price or better
* **Stop Market**                                                                                                                                                                                                                                                                                                    An order that becomes a market order when the trigger price is reached
* **Stop Limit**                                                                                                                                                                                                                                                                                                    An order that becomes a limit order when the trigger price is reached
* **TWAP**                                                                                                                                                                                                                                                                                                 Time-Weighted Average Price order that splits a large order into smaller pieces executed over time