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Understanding futures market ( limit queue order )

  #7 (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
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voluma View Post
no, it's at the same level.
from the DOM, we can observe when our trade will get filled, normally the queue will decrease when those in front of us are filled, but occasionally my queue will increase in count like 10 to 20. I'm not sure any other who experiences the same thing as me.

Oh don't worry too much about that, the queue is only indicative for futures I think.

Depth Of Market Trading ? Order Flow Software

"QPOS+ Shows the Queue Position of your Limit orders in the book. Other products do have this feature but Jigsaw goes one step further in refining the algorithms to calculate the Queue Position."

In this case nobody is jumping in front of you, just that the position is an approximation.

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