peg order type

, ,
1

Imported from previous forum

2

Hi all,

I don’t quite understand what the oppsosite side means in “Market – the market peg allows users to set their order price based on the best offer (bid) being the opposite side of the market.”

regards,
Michael

3

Offer being the opposite side of bid, and vice versa?

Hi all,

I don’t quite understand what the oppsosite side means in “Market – the
market peg allows users to set their order price based on the best offer
(bid) being the opposite side of the market.”

regards, Michael

4

That means the bid market peg order is based on the best offer price?
if so, may I know the purpose of having such peg order?

Thanks

Offer being the opposite side of bid, and vice versa?

Hi all,

I don’t quite understand what the oppsosite side means in “Market –
the market peg allows users to set their order price based on the best
offer (bid) being the opposite side of the market.”

regards, Michael