Order Example

Reviewing the same material as our [Contract Example](/tws-api/doc/event-trading/contract-definition-discovery/forecast-ex-contract-example), we have all the tools needed to submit our order with some additional context available in the Order Ticket, featured on the right.

We are already aware that:

• ForecastEx contracts are always “BUY” orders.
• Event Contracts only support “LMT” as the Order Type.

This leaves us to decide the quantity, limit price, and time-in-force values.

We can set our limit price based on the values shown in the Order Ticket, or base the value on the Bid and Ask Price from our [Requested Market Data](/tws-api/doc/event-trading/market-data).

Given the information above, we are able to create a full order ticket.

Action: “BUY”

TotalQuantity: 1000

OrderType: “LMT”

LmtPrice: 0.57

Tif: “DAY”

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order = Order()
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order.action = "BUY"
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order.orderType = "LMT"
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order.totalQuantity = 1000
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order.lmtPrice = 0.57