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Understanding futures market ( delta , time and sale )

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Sydney, Australia
Trading Experience: Intermediate
Platform: Sierra Chart, IRESS
Broker/Data: IB, IQFeed
Favorite Futures: ES, SPI, ASX stocks, options
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choke35 View Post
That is plain nonsense.
T&S prints the closed transaction independent if it results from market, limit or other orders.

There can't be a print unless there was a market transaction, and a market transaction can only happen when a market order hits a limit order, it can't be the other way around. Hence, it "prints the market order" - in layman terms, since the fellow asking didn't seem to know that there was no difference and that a transaction is a transaction regardless of the results as you so pointed out (i.e. there won't a print on the buy and sell side, just a single print showing which side initiated the market order by the colour).

And yes obviously other stuff like crossings, but I don't think he needs to know that.

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