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Date/Time: Fri, 10 Jan 2025 19:50:22 +0000



Post From: Limit turning into a market order

[2016-06-28 14:40:46]
User638756 - Posts: 52
"Placed a limit order on the SIM @ 3.00 and it filled at 3.11."

I should have said...

Placed a buy limit order on the SIM @ 3.00 and it filled at 3.11.

From "How Orders are Filled"...... "A Buy Limit order will only be filled when the Ask price is equal to or less than the limit price. And it will be filled at the Ask price when this condition is met.

A Sell Limit order will only be filled when the Bid price is equal to or greater than the limit price. And it will be filled at the Bid price when this condition is met."

Thanks