Announcement
Collapse
No announcement yet.
Partner 728x90
Collapse
NinjaTrader
Any advantage to placing early limit order?
Collapse
X
-
Any advantage to placing early limit order?
Would therebe any advantage in placing a limit order early and then moving it to precisely where you want it placed as the trade approaches.....would this get you in an earlier spot in the line of all of the resting orders for a faster execution?Tags: None
-
imported post
Is there a queue mechanism used by the exchanges for all LMT orders issue as a particular price ? It seems to me there is. I have seen LMT orders a specific price, when issued earlier, gets a better fill, than a LMT order at the same price, when issued just close to when the market approached it, gets a better execution.
But I dont know for sure ..... if the exchanges use such a PRIORITY based first-in first-execute policy. It would be, but natural to assume, that they may use such a policy.
Do u know if there is ... a such mechanism.
Does anybody knows for sure .... what policy the exchanges use for LMT queued orders (if any) at a given price ?
In any case, I would think, that MKT orders, in any situation, would get first priority over any LMT orders...... !! ?
Besides, at GLOBEX, since all orders are LMT orders (I think), how do they decide WHOSE order get the priority to be executed.
Comment
Latest Posts
Collapse
Topics | Statistics | Last Post | ||
---|---|---|---|---|
Started by StockTrader88, 03-06-2021, 08:58 AM
|
45 responses
3,991 views
3 likes
|
Last Post Today, 09:51 AM | ||
Started by TAJTrades, Today, 09:46 AM
|
0 responses
7 views
0 likes
|
Last Post
by TAJTrades
Today, 09:46 AM
|
||
Started by rhyminkevin, Yesterday, 04:58 PM
|
5 responses
62 views
0 likes
|
Last Post
by dp8282
Today, 09:36 AM
|
||
Started by realblubb, Today, 09:28 AM
|
0 responses
8 views
0 likes
|
Last Post
by realblubb
Today, 09:28 AM
|
||
Started by AaronKoRn, Yesterday, 09:49 PM
|
1 response
19 views
0 likes
|
Last Post
by Rikazkhan007
Today, 09:24 AM
|
Comment