Timeline for Is a stop-limit sell order executed purely on a first come first served basis?
Current License: CC BY-SA 4.0
5 events
| when toggle format | what | by | license | comment | |
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| Jul 24, 2019 at 15:51 | vote | accept | S.O.S | ||
| Jul 24, 2019 at 15:51 | comment | added | S.O.S | Thanks! Up voting and accepting this is the answer! BTW, I asked a related questions on SE: money.stackexchange.com/questions/111760/… wondering if you have any thoughts.. | |
| Jul 24, 2019 at 15:41 | comment | added | Bob Baerker | Assuming that your order is being entered into the system promptly, it doesn't matter what broker you use. Time-price priority is a function of the exchange. As for your order, it doesn't become a normal market order because you have the conditional $40 limit on it. Here's some discussion which isn't directly relevant to your question but perhaps some of the links may have useful info: money.stackexchange.com/questions/45983/… | |
| Jul 24, 2019 at 15:18 | comment | added | S.O.S | Thanks! Great answer, two quick questions. 1) Does it matter which broker I use? Or all brokers get same treatment in terms price-time priority? 2) If someone submits a market order (as appose to stop-limit) at $40 - $42 would it take precedence over my stop-limit? Or once the market reaches $42 my stop-limit becomes a normal market order? Thanks! | |
| Jul 23, 2019 at 19:11 | history | answered | Bob Baerker | CC BY-SA 4.0 |