Understanding futures market ( limit queue order ) | Reviews of Brokers and Data Feeds


futures.io - futures trading strategies, market news, trading charts and platforms


Reviews of Brokers and Data Feeds


Review and discuss futures brokers, their requirements and features, or ask questions about brokers and data feeds




 

Understanding futures market ( limit queue order )

  #5 (permalink)

Sydney, Australia
 
Trading Experience: Intermediate
Platform: Sierra Chart, IRESS
Broker/Data: IB, IQFeed
Favorite Futures: ES, SPI, ASX stocks, options
 
Posts: 399 since Jun 2015
Thanks: 169 given, 460 received


voluma View Post
no, i'm trade on real account

Did you mean someone jumping in at a level higher than you?

e.g. you are in for 100.01 and someone jumps in on 100.02 and you don't get filled?

Nobody can jump in front of you at 100.01 if you have a resting limit order at 100.01.

It should be FIFO, or else you would have people jumping in front all day everyday and the markets will be anarchy.

Not sure about the institutional advantage, I don't think there is such a thing but I'm not sure so someone else could probably answer that.

Visit my futures io Trade Journal Reply With Quote