Place a SWAP/FUTURES algo order. [CAUTION] Executes real trades. conditional: single TP, single SL, or both on one order. oco: TP+SL simultaneously - first trigger cancels the other. move_order_stop: trailing stop (callbackRatio or callbackSpread). trigger: pending order activated when triggerPx ...
AI agents use swap_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 | — | Number of contracts to close (NOT USDT amount). Use market_get_instruments to get ctVal for conversion. Required unless closeFraction is provided (conditional/o |
side | string | Yes | sell=close long, buy=close short |
pxVar | string | — | Price variance % [0.0001, 0.01]; provide pxVar OR pxSpread (iceberg/twap only) |
instId | string | Yes | e.g. BTC-USDT-SWAP |
tdMode | string | Yes | cross|isolated 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; move_order_stop=trailing stop; trigger=pending order; chase=follow best bid/ask; iceberg=split order; twap=tim |
orderPx | string | — | Order price submitted when trigger fires; -1=market (trigger only) |
posSide | string | — | net=one-way (default); long/short=hedge mode |
pxLimit | string | — | Order price ceiling >= 0 (iceberg/twap only) |
slOrdPx | string | — | SL order price; -1=market (recommended) (conditional/oco only) |
stpMode | string | — | Self-trade prevention: cancel_maker|cancel_taker|cancel_both |
Parameters from the server's own tool schema.
This tool directly places algorithmic trading orders (conditional, OCO, trailing stop, trigger, iceberg, TWAP, etc.) on a derivatives exchange (SWAP/FUTURES), committing real financial obligations and moving funds. The description explicitly warns 'Executes real trades.' This is a clear Financial category tool with critical severity given the potential for large leveraged positions to be opened or closed.
From the tool's definition Place a SWAP/FUTURES algo order. [CAUTION] Executes real trades.
Risk signalsHigh parameter count (35 properties)
Attacks that exploit this kind of access
Place a SWAP/FUTURES algo order. [CAUTION] Executes real trades. conditional: single TP, single SL, or both on one order. oco: TP+SL simultaneously - first trigger cancels the other. move_order_stop: trailing stop (callbackRatio or callbackSpread). trigger: pending order activated when triggerPx is hit (provide triggerPx + orderPx). chase: smart-follow best bid/ask. iceberg: split large order into child orders at intervals. twap: time-weighted average price order splitting. 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.
swap_place_algo_order accepts 12 parameters: sz, side, pxVar, instId, tdMode, tgtCcy, ordType, orderPx, posSide, pxLimit, slOrdPx, stpMode. Required: 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 swap_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.
swap_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 swap_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 swap_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.
swap_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 →