The immediate or cancel order is an order type with instructions to fill the order immediately and any part that isn’t will be canceled. Immediate-or-cancel orders instruct your broker to fill your order immediately or cancel the order. It’s a liquidity-removing order duration preference similar to the “fill-or-kill order,” the only difference being that […]
You ever wonder why there are giant spikes of volume during the last minute of trading but little price change? That’s the closing auction and is the period of highest liquidity during the stock market session mainly because of the market on closer order. It’s where most investment funds, end-of-day algorithmic traders, and index […]
COVID-19 Crisis The past month of financial markets activity can be summed up by one phrase: black swan. While some traders were able to establish short positions well before the pricing-in of the disruptions, predicting the virality of a deadly virus outbreak is pretty much impossible and is why the COVID-19 crisis has caught many […]
