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Can a market order be matched by another market order


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Can a market order be matched by another market order

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crazyfizikci
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A market order can execute against a market order?

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 xplorer 
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crazyfizikci View Post
A market order can execute against a market order?

In general, no. There are always two prices: a bid and a ask. If you buy at market you are buying against the current ask; if you are selling at market, you are selling against the current bid. There is always at least 1 tick difference between the two, and the market is made against limit orders.

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crazyfizikci
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xplorer View Post
In general, no. There are always two prices: a bid and a ask. If you buy at market you are buying against the current ask; if you are selling at market, you are selling against the current bid. There is always at least 1 tick difference between the two, and the market is made against limit orders.

market orders match best price so market order sometimes execute far from where order is entered. for example if the order book is empty on one side and atm one market order is activated then doesn't executed against the other market order coz need to match best price.
the below screenshot which shows 20 sec NQ future candle and the volume is really so high and 2400. NQ is liquid market.l have a curiosity about scenario of this candle. how it happens in short time. l can also show similar volume in 1 sec candle.
futures.io/attachment.php?attachmentid=309917]

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Last Updated on February 25, 2021


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