It is known as the Partial Match Execution. Usually, it happens with illiquid stocks. For instance, let’s say you place a Buy Order for 100 Shares, and at that point of time, there were 30 shares available in the market. As only a partial portion of your order quantity is available, only that portion “30 shares” will be executed and the remaining unmatched portion of 70 shares will be executed once the shares/sellers are available in the market. How this works in Bracket Order? Once you place a bracket order, three separate orders will be placed:
- Buy Order
- Stop Loss Order
- Target Order
So for every partial order, all three orders will be placed for that particular order.