3 ms·
If you're a maker (which is not necessarily the case with limit orders), then there is a slight potential for adverse selection, but that's exactly what the spr
by n2d4 3y ago
If you're a maker (which is not necessarily the case with limit orders), then there is a slight potential for adverse selection, but that's exactly what the spread compensates you for. If you don't want that, I'd recommend sticking to being a taker and paying the spread, for example using market or IOC limit orders.