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nexus-xyz

nexus-exchange-mcp

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by nexus-xyz

place_order

Submit real limit or market orders to buy or sell on a market. Supports reduce-only and time in force options.

Instructions

Place an order on a market. Supports limit and market orders, buy/sell. For limit orders a price is required. Requires API credentials. This submits a REAL order to the matching engine.

Input Schema

TableJSON Schema
NameRequiredDescriptionDefault
market_idYesMarket id, e.g. "BTC-USDX-PERP".
sideYesOrder side.
typeYesOrder type.
sizeYesOrder quantity in base units, as a string.
priceNoLimit price as a string. Required for limit orders, ignored for market.
time_in_forceNoTime in force. Defaults to GTC for limit, IOC for market.
reduce_onlyNoIf true, only reduces an existing position.
Behavior4/5

Does the description disclose side effects, auth requirements, rate limits, or destructive behavior?

Discloses critical behavioral traits: requires API credentials and submits a real order to the matching engine. Since no annotations are provided, the description carries the full burden and does so effectively, though it could mention rate limits or error handling.

Agents need to know what a tool does to the world before calling it. Descriptions should go beyond structured annotations to explain consequences.

Conciseness5/5

Is the description appropriately sized, front-loaded, and free of redundancy?

Three sentences, each with clear purpose: purpose, details, warning. No wasted words. Efficient and front-loaded.

Shorter descriptions cost fewer tokens and are easier for agents to parse. Every sentence should earn its place.

Completeness4/5

Given the tool's complexity, does the description cover enough for an agent to succeed on first attempt?

Adequate for a 7-parameter tool with no output schema. Missing return value description (e.g., order ID) but covers core functionality and real-world impact. Could be more complete for new users.

Complex tools with many parameters or behaviors need more documentation. Simple tools need less. This dimension scales expectations accordingly.

Parameters3/5

Does the description clarify parameter syntax, constraints, interactions, or defaults beyond what the schema provides?

Schema description coverage is 100%, so the schema already documents parameters. The description reinforces that price is required for limit orders, but adds limited new meaning beyond the schema.

Input schemas describe structure but not intent. Descriptions should explain non-obvious parameter relationships and valid value ranges.

Purpose5/5

Does the description clearly state what the tool does and how it differs from similar tools?

Clearly states the action (place an order), the resource (market), and distinguishes from sibling tools like cancel_order or get_open_orders. The description explicitly mentions support for limit and market orders, buy/sell.

Agents choose between tools based on descriptions. A clear purpose with a specific verb and resource helps agents select the right tool.

Usage Guidelines3/5

Does the description explain when to use this tool, when not to, or what alternatives exist?

Implies usage context (requires API credentials, real order) but lacks explicit guidance on when not to use (e.g., for testing, consider get_demo_account) or alternatives. No exclusions mentioned.

Agents often have multiple tools that could apply. Explicit usage guidance like "use X instead of Y when Z" prevents misuse.

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