The Note also identifies several other factors that are coming together create central limit order
book: increased fragmentation of the marketplace, industry-sponsored efforts to create central limit order
book, the SEC's call for centralization, availability of high-speed connectivity, acceptance of industry standards for communications, and the strong desire on the part of institutions to streamline the trading process.
The NAC also found that by engaging in this type of conduct and violating the NASD's limit order
protection rule, Jawitz abdicated his fiduciary responsibility by not protecting the customers' limit orders
The US Treasury Cash and Futures Limit Order
Books are presented side by side, allowing users to see the relationship and trading opportunities within the markets.
A limit order
will also be the First Best bid or offer on CX whenever it becomes the best available bid or offer (or, if there are multiple bids or offers at the same price, if it was the first to be entered into the Cantor System).
ArcaEx operates as an all-electronic auction market, with an open limit order
book matching buyers and sellers directly based on simple price and time priority, leveling the playing field for all market participants.
LavaFX provides a Central Limit Order
Book of live dealable prices, full price transparency including depth of book, and the ability to place bids and offers together with Lava's sophisticated order types.
In addition, when an individual investor's limit order
N*Aqcess represents another step forward for investors by providing national limit order
protection as well as an automated means for individual investor limit orders
to match each other.
It can be handy if you like a company but think its stock is a little too rich, as you can place a limit order
to buy it if it falls to a lower price.
For instance, a purchase limit order
for Rs 50 will work only if there is a seller at Rs 50 or less.
com)-- If the price improvement becomes readily available before traders limit order
execute, LGCEX FOREX Desk Execution system will automatically consider executed trades for the new price improvement; this means that traders would benefit from possible low commission rates that the firm offers.
08 seconds Execution Price % of limit orders
price improved Limit orders
executed at a price better than the requested price 72% Average price improvement per limit order
Pip difference between requested and executed price of price improved limit orders
(currencies only) .