It is an order type where you enter the unit you want to trade by specifying the desired quantity and price. In a Limit Order, the trade is executed only at the price you enter, there is no possibility of the trade being executed at a different price. Your order will remain open until it is matched with an opposite order and will be executed when it is matched. There is a possibility that trades made in limit order type may not be executed.
What is Partial Order Execution?
In limit order type trades, there is a possibility of partial/ partial execution. If there are not enough reverse orders to cover the order you have placed, the order will be executed partially.
You can check your open orders in the 'My Open Orders' section in the 'Buy/Sell' section and cancel them if you wish.
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