How will a new incoming buy limit order for 6 futures contracts be executed in continuous trading?

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In continuous trading, buy limit orders are matched with sell orders that are already in the order book at the specified price or better. A buy limit order means that the trader is willing to purchase contracts at a specific price or lower.

If the market conditions are such that there are no sufficient sell orders at or below the buy limit price to match the 6 contract order, then the buy limit order may not be executed at all. If there are existing market orders that are only partially matching the criteria of the new buy limit order, the entire order will remain unfulfilled until market conditions change to allow for execution. Therefore, if the market orders present do not align with the buy limit order price or quantity, the order will not be executed.

In this scenario, since the buy limit order for 6 futures contracts cannot be fully matched by existing orders in the order book, the result is that the new order will not get executed at all, reflecting the condition described in the chosen answer.

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