News for hackers. Stuff that matters.

A comment on A High Frequency Trader's Apologia, Part 1. Parent comment

Re:A High Frequency Trader's Apologia, Part 1 by Peaker on Wednesday April 18, 2012 @06:54AM (#3857353)
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?
[ Parent | on HN ]
Re:A High Frequency Trader's Apologia, Part 1 by cynix on Wednesday April 18, 2012 @11:02AM (#3858257)
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.
[ Parent | on HN ]