> ## Documentation Index > Fetch the complete documentation index at: https://docs.kalshi.com/llms.txt > Use this file to discover all available pages before exploring further. # Create Order > Endpoint for submitting orders in a market. ## OpenAPI ````yaml /perps_openapi.yaml post /margin/orders openapi: 3.0.0 info: title: Kalshi Trade API Manual Endpoints version: 0.0.1 description: >- Manually defined OpenAPI spec for endpoints being migrated to spec-first approach servers: - url: https://external-api.kalshi.com/trade-api/v2 description: Production perps REST API server - url: https://external-api.demo.kalshi.co/trade-api/v2 description: Demo perps REST API server security: [] tags: - name: account description: Account information endpoints - name: exchange description: Exchange status and information endpoints - name: market description: Market data endpoints - name: orders description: Order management endpoints - name: order-groups description: Order group management endpoints - name: portfolio description: Portfolio and balance information endpoints - name: fcm description: FCM member specific endpoints - name: risk description: Margin risk metrics, parameters, and limits - name: funding description: Funding rates and payment history - name: fees description: Margin fee schedule paths: /margin/orders: post: tags: - orders summary: Create Order description: Endpoint for submitting orders in a market. operationId: CreateMarginOrder requestBody: required: true content: application/json: schema: $ref: '#/components/schemas/CreateMarginOrderRequest' responses: '201': description: Order created successfully content: application/json: schema: $ref: '#/components/schemas/CreateMarginOrderResponse' '400': $ref: '#/components/responses/BadRequestError' '401': $ref: '#/components/responses/UnauthorizedError' '409': $ref: '#/components/responses/ConflictError' '429': $ref: '#/components/responses/RateLimitError' '500': $ref: '#/components/responses/InternalServerError' security: - kalshiAccessKey: [] kalshiAccessSignature: [] kalshiAccessTimestamp: [] components: schemas: CreateMarginOrderRequest: type: object required: - ticker - client_order_id - side - count - price - time_in_force - self_trade_prevention_type properties: ticker: type: string x-oapi-codegen-extra-tags: validate: required,min=1 client_order_id: type: string x-go-type-skip-optional-pointer: true side: $ref: '#/components/schemas/BookSide' x-oapi-codegen-extra-tags: validate: required,oneof=bid ask count: $ref: '#/components/schemas/FixedPointCount' description: String representation of the order quantity in contracts. price: $ref: '#/components/schemas/FixedPointDollars' description: Price for the order in fixed-point dollars. x-go-type-skip-optional-pointer: true expiration_time: type: integer format: int64 time_in_force: type: string enum: - fill_or_kill - good_till_canceled - immediate_or_cancel x-oapi-codegen-extra-tags: validate: required,oneof=fill_or_kill good_till_canceled immediate_or_cancel x-go-type-skip-optional-pointer: true post_only: type: boolean self_trade_prevention_type: allOf: - $ref: '#/components/schemas/SelfTradePreventionType' x-oapi-codegen-extra-tags: validate: required,oneof=taker_at_cross maker x-go-type-skip-optional-pointer: true cancel_order_on_pause: type: boolean description: >- If this flag is set to true, the order will be canceled if the order is open and trading on the exchange is paused for any reason. reduce_only: type: boolean description: >- Specifies whether the order place count should be capped by the member's current position. Orders with reduce_only set to true will be rejected unless time_in_force is immediate_or_cancel or fill_or_kill. subaccount: type: integer minimum: 0 default: 0 description: >- The subaccount number to use for this margin order. 0 is the primary subaccount. x-go-type-skip-optional-pointer: true order_group_id: type: string description: The order group this order is part of x-go-type-skip-optional-pointer: true CreateMarginOrderResponse: type: object required: - order_id - fill_count - remaining_count properties: order_id: type: string client_order_id: type: string fill_count: $ref: '#/components/schemas/FixedPointCount' description: Number of contracts filled immediately upon placement. remaining_count: $ref: '#/components/schemas/FixedPointCount' description: >- Number of contracts remaining after placement. For IOC orders, this reflects the final state after unfilled contracts are canceled. average_fill_price: $ref: '#/components/schemas/FixedPointDollars' description: >- Volume-weighted average fill price. Only present when fill_count > 0. average_fee_paid: $ref: '#/components/schemas/FixedPointDollars' description: >- Volume-weighted average fee paid per contract for fills resulting from this request. Only present when fill_count > 0. BookSide: type: string enum: - bid - ask description: The side of an order or trade (bid or ask) FixedPointCount: type: string description: >- Fixed-point contract count string (2 decimals, e.g., "10.00"; referred to as "fp" in field names). Requests accept 0-2 decimal places (e.g., "10", "10.0", "10.00"); responses always emit 2 decimals. Fractional contract values (e.g., "2.50") are supported; the minimum granularity is 0.01 contracts. example: '10.00' FixedPointDollars: type: string description: >- US dollar amount as a fixed-point decimal string with up to 6 decimal places of precision. This is the maximum supported precision; valid quote intervals for a given market are constrained by that market's price level structure. example: '0.5600' SelfTradePreventionType: type: string enum: - taker_at_cross - maker description: > The self-trade prevention type for orders. `taker_at_cross` cancels the taker order when it would trade against another order from the same user; execution stops and any partial fills already matched are executed. `maker` cancels the resting maker order and continues matching. ErrorResponse: type: object properties: code: type: string description: Error code message: type: string description: Human-readable error message details: type: string description: Additional details about the error, if available service: type: string description: The name of the service that generated the error responses: BadRequestError: description: Bad request - invalid input content: application/json: schema: $ref: '#/components/schemas/ErrorResponse' UnauthorizedError: description: Unauthorized - authentication required content: application/json: schema: $ref: '#/components/schemas/ErrorResponse' ConflictError: description: Conflict - resource already exists or cannot be modified content: application/json: schema: $ref: '#/components/schemas/ErrorResponse' RateLimitError: description: >- Rate limit exceeded. The default cost is 10 tokens per request. Use GET /trade-api/v2/account/endpoint_costs to list non-default endpoint costs. content: application/json: schema: $ref: '#/components/schemas/ErrorResponse' InternalServerError: description: Internal server error content: application/json: schema: $ref: '#/components/schemas/ErrorResponse' securitySchemes: kalshiAccessKey: type: apiKey in: header name: KALSHI-ACCESS-KEY description: Your API key ID kalshiAccessSignature: type: apiKey in: header name: KALSHI-ACCESS-SIGNATURE description: RSA-PSS signature of the request kalshiAccessTimestamp: type: apiKey in: header name: KALSHI-ACCESS-TIMESTAMP description: Request timestamp in milliseconds ````