Imbalance Trading Online Training: Trading Statuses

POSSIBLE TRADING STATUSES
Pending Displays after a trade is submitted and before it is confirmed or rejected. A trade is not executed until it has been confirmed.
Confirmed Displays after a submitted trade successfully passes through a series of validations. A trade is executed at this point.
Rejected Displays when either party rejects a submitted trade prior to its confirmation.
Retained Displays when a confirmed trade using a Storage Balance Account cannot fit within the OP Band. If and when it is accepted through the OP Band, the status will change to confirmed.
Expired Displays at the end of the Trade Period for all trades displaying the statuses of pending and retained. These trades expire at the end of the Trade Period.