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price time priority market and limit orders

Personal Finance & Money Asked by Kai Chan on February 24, 2021

In a price time priority matching algorithm, if we have a market buy order first in the queue, would it first try to match other market sell orders or match other limit sell orders in the orderbook?

One Answer

This can't happen during trade. For market and limit can exist only on one side with other side being empty. As market order are of highest priority they would be matched with market sell orders

Answered by Dheer on February 24, 2021

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