Guaranteed limit order fill question-futures

Discussion in 'Index Futures' started by high99, May 28, 2004.

  1. high99


    If I place an order to buy one emini contract at ask plus one tick,
    will it get filled at ask plus one tick, or will it be executed at the best price, which would be the current ask price? I want to be
    sure to get "in", and in a fast moving, neurotic market like the
    Russell emini, I don't want to get left behind. I have heard that
    the Globex will fill it at the latest ask even if I am one tick higher.
    Am I correct?
  2. Fills at limit price or better (if pos).

    So if you are limit buy, ask is better than ask+1, so you will fill @ ask.
  3. there is no such thing as ask plus one tick getting filled