> For the complete documentation index, see [llms.txt](https://docs.100x.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.100x.finance/100x-exchange/trading.md). # Trading Trading on 100x is low-latency and frictionless with modes allowing for one click trading. The latency of matching is below 30ms and the e2e latency of order reception to on-chain committing will be provided closer to launch date, but will be constantly optimised. So long as a trade matches it is treated as confirmed whether it has been pushed to chain or not, this enables a CEX like experience when trading. ### Order types: * LIMIT: Buy or sell quantity at the specified price or better. * LIMIT\_MAKER: LIMIT order that will be rejected if it immediately matches and trades as a taker. This order type is also known as a POST-ONLY order. * MARKET: order where quantity parameter specifies the amount of the *base asset* you want to buy or sell. Actually executed quantity of the quote asset will be determined by available market liquidity. * STOP LOSS: Execute a MARKET order for a given quantity when specified conditions are met. * STOP LOSS LIMIT: Place a `LIMIT` order with given parameters when specified conditions are met. ### Time In Force: * Good Til Cancelled (GTC) - Sits on the order book indefinitely until executed or cancelled by the order creator. * Immediate or Cancel (IOC) - Executed immediately up to where the orderbook can fill within the specified price, remainder (if any) is dropped. * Fill or Kill (FOK) - Executed immediately in its entirety or not at all. ### Pnl Settlements All realised Pnls for a given subaccount get handled on the execution of a trade. For perp pnl this will be the difference between the entry and the execution price between trade entry and exit + any funding amounts. The off-chain system is constantly keeping track of unrealised pnl in order to account for health of a given subaccount. ### Market Making If you are interested in market making on 100x reach out to us on