AI agents use option_place_algo_order to commit financial operations through Okx Trade — usually the final step of a payment, billing, or trading workflow. A call moves real money.
| Parameter | Type | Required | Description |
|---|---|---|---|
sz | string | Yes | Contracts count (NOT USDT). Use market_get_instruments for ctVal. |
side | string | Yes | sell=close long, buy=close short |
instId | string | Yes | e.g. BTC-USD-241227-50000-C |
tdMode | string | Yes | cash=buyer full premium; cross/isolated=seller margin |
tgtCcy | string | — | Size unit. base_ccy(default): sz in contracts; quote_ccy: sz in USDT notional value; margin: sz in USDT margin cost (actual position = sz * leverage) |
ordType | string | Yes | conditional=single TP/SL or both; oco=TP+SL pair (first trigger cancels other) |
slOrdPx | string | — | SL order price; -1=market |
tpOrdPx | string | — | TP order price; -1=market |
reduceOnly | boolean | — | Ensure order only reduces position |
algoClOrdId | string | — | Client-assigned algo order ID (1-32 alphanumeric chars). Legacy alias clOrdId is also accepted. |
slTriggerPx | string | — | SL trigger price |
tpTriggerPx | string | — | TP trigger price |
Parameters from the server's own tool schema.
This tool places real options trading orders on the OKX exchange, directly committing financial obligations. Algorithmic TP/SL orders can trigger automated trades involving real funds, making this a Financial category tool with critical severity due to potential for significant monetary loss if misused.
From the tool's definition Place OPTION TP/SL algo order... [CAUTION] Executes real trades.
Risk signalsHigh parameter count (14 properties)
Attacks that exploit this kind of access
Place OPTION TP/SL algo order (conditional/oco). [CAUTION] Executes real trades. conditional=single TP/SL; oco=TP+SL pair. -1=market. It is categorised as a Financial tool in the Okx Trade MCP Server, which means it involves financial transactions. Block by default and require explicit approval.
option_place_algo_order accepts 12 parameters: sz, side, instId, tdMode, tgtCcy, ordType, slOrdPx, tpOrdPx, reduceOnly, algoClOrdId, slTriggerPx, tpTriggerPx. Required: sz, side, instId, tdMode, ordType. The full parameter table on this page comes from the server's own tool schema.
Register the Okx Trade MCP server in PolicyLayer and add a rule for option_place_algo_order: allow, deny, rate-limit, or require approval. Point your MCP client at the PolicyLayer proxy URL and the rule is enforced on every call, before it reaches Okx Trade. Nothing to install.
option_place_algo_order is a Financial tool with critical risk. Critical-risk tools should be blocked by default and only enabled with explicit human approval.
Yes. Add a rate_limit block to the option_place_algo_order rule in your PolicyLayer policy. For example, setting max: 10 and window: 60 limits the tool to 10 calls per minute. Rate limits are tracked per agent session and reset automatically.
Set action: deny in the PolicyLayer policy for option_place_algo_order. The AI agent will receive a policy violation error and cannot call the tool. You can also include a reason field to explain why the tool is blocked.
option_place_algo_order is provided by the Okx Trade MCP server (@okx_ai/okx-trade-mcp). PolicyLayer sits as a proxy in front of this server to enforce policies before tool calls reach the server.
Every MCP server has a record like this.
Type a name, get the same breakdown: verified identity, auth posture, risk grade, capabilities, recommended policy.
Teams ship this data inside their own products. See what a licence covers →