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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:
  1. 1.
    Select "New Long" or "New Short"
  2. 2.
    Select Order type ( for example - L)
  3. 3.
    Enter price ( can be done on the graph)
  4. 4.
    Enter an amount or volume
  5. 5.
    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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