3 ms·
To add to (b) Midpoint orders have to be hidden though because lit markets cannot allow displayable sub-penny orders.
by deathflute 14y ago
To add to (b) Midpoint orders have to be hidden though because lit markets cannot allow displayable sub-penny orders.
- lrm242 14y agoThat's correct. They display at a whole penny price but execute at the midpoint. They may also execute at an offset for the market or primary.