Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Huh? If Alice places a limit sell at $9.90, Bob's limit buy at $10.05 order will execute at $9.90. The limit price of the standing order is the one that prices the trade.


Oh, thanks for correcting my misunderstanding. So in general, sell "min_price" really just means sell "price"? Or are there circumstances that it would sell above that price?


As explained above, if Bob's $10.05 buy order was in the order book first, then Alice's $9.90 sell order would trade with Bob's buy order at $10.05.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: