Limit Orders: Limit orders are placed by specifying price/yield and nominal value in multiples of a certain minimum order size. The non-executed part of the order remains passive in the system.

Market Order: In this type of orders, a price/yield is not specified. The order given in multiples of a certain minimum order size is fully or partially matched by passive orders and the non-executed part of the order is cancelled.
The above order types can be given to include the specific conditions defined below:
Immediate or Cancel Order: It is an active order type subject to the condition of execution in part. As soon as it is entered, this order matches with the outstanding counter-orders, and its non-executed part is automatically cancelled. It may be given in the form of a “Limit Order” or a “Market Order”.

Fill or Kill Order: It is an active order type subject to the condition of execution in full. If this condition is not met as soon as the order is entered, the order is cancelled. It may be placed in the form of a “Limit Order” or a “Market Order”.

Validity Periods of Orders
Orders are valid until 14:00 hrs on the day they are placed. The intermediary institutions can cancel or modify the unmatched orders whenever they want.

Value Date
Same day value-dated transactions and up to 7 days  future value-dated transactions can be conducted on the Market.  Debt instruments payable in foreign currency can be traded with a future value date which should be no less than 3 business days.

Price Base
Trading orders are transmitted in the currency of issue of the security over a price base of 100 units.

 
Offering Price
The issuer can determine the issue price freely during the offring period, as well as modify the price of the unmatched, or partly-matched sale orders