Orders that are immediately executed against an existing bid or offer on an exchange's or ECN's order book.
Adding an order to an exchange or ECN's order book before being executed.
Note: External fees are charged in the settlement currency of the product. Where the fee is defined in a currency other than the settlement currency, the stated fee will be converted to the settlement currency. This will result in a slight variation of external costs per day as the currency rate fluctuates.