The relative limit price of a new limit order is its distance, in ticks, from the best price on its own side when it arrives: positive behind the best, zero at it, negative when it improves it.
Quantitative Finance · المسرد
Quantitative Finance · المسرد
The relative limit price of a new limit order is its distance, in ticks, from the best price on its own side when it arrives: positive behind the best, zero at it, negative when it improves it.