Resting bids above market or offers below market? | Traders Hideout


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Resting bids above market or offers below market?

  #17 (permalink)

Oakland
 
 
Posts: 20 since Feb 2017
Thanks: 27 given, 19 received

Limit orders on the exchange will be FIFO for a given price. So if you want to be at the front of the queue, submit a limit order at soonest opportunity. If for some reason you want it to sit outside the exchange until certain parameters are met, write an algo on the platform of your choice to submit the order on your conditions...but your order will go to the back of the queue.

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