Limit order
Last update 14/05/2023
A limit order is an exchange order that is created at a fixed price.
Creating order
Order placement requirements:
Select "New Long" or "New Short"
Select Order type ( for example - L)
Enter price ( can be done on the graph)
Enter an amount or volume
Click "Open LONG"
Related references:
When placing a limit order, it can either add liquidity to the order book or match with existing orders, depending on the prices involved.
Limit Order Conditions in the Order Book
Buying
Order price must be lower than the extreme selling price in the order book
Selling
Order price must be higher than the extreme buying price in the order book
Limit order conditions for market price execution
Buying
Order price must be higher than the extreme selling price in the order book
Selling
Order price must be Lower than the extreme buying price in the order book
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