Market order fill question

Discussion in 'Order Execution' started by cohvi, May 15, 2008.

  1. cohvi


    Hi all,

    What are the chances of the market buy order getting filled at point 2 according to the attached picture?
    (for future contract EDJSTX)

  2. Would be a guaranteed fill.

    Though you may get some slippage to the upside. The critical issues affecting the outcome are:

    1) How many contracts purchased relative to the current offer?

    2) Is there sufficient liquidity for a good cost basis on larger positions?

  3. cohvi


  4. Tums


  5. Advice to you: "It is better to remain silent and be thought of as a fool than open your mouth and prove it." Not sure what's amusing to you.

    Ah, yes, I forgot! You're also an algorithm developer sought after by top investment banks.

    Run along- mommie's calling you for dinner.