Order position lost in a queue after it is modified?

Discussion in 'Commodity Futures' started by tomas262, Aug 23, 2017.

  1. tomas262

    tomas262

    Hello,

    I wonder whether I lose my order position in queue (for example e-mini futures NQ) at the exchange as soon as I modify the order size. I understand it uses the FIFO logic. Let's say I have LMT 1@10. There are other 100 contracts so overall size is 101 at 10. What happens when I modify to 2 contracts? Is my size moved behind those 100 contracts so I lose my position in the queue? Thanks for help
     
  2. O(1)

    O(1)