TransWikia.com

Limit order matching - same time

Personal Finance & Money Asked by kn1g on May 30, 2021

Given these two orders with the same size:

Buy  x for 20
Sell x for 15

What price are they matched/should they be matched if we have no time priority? Are there any market standards to solve this case?

I read that in most systems there is price/time priority but in this case the assumption is, there is no way to figure out which order was first because we are on a blockchain and in this case, both have the same time stamp.

Add your own answers!

Ask a Question

Get help from others!

© 2024 TransWikia.com. All rights reserved. Sites we Love: PCI Database, UKBizDB, Menu Kuliner, Sharing RPP