Just a quick question here:
Bid: 1.1710 x 20,000,000
Ask: 1.1712 x 20,000,000
I place a bid to buy 25K at 1.1711
I see three scenarios:
Bid moves to 1.1711. My bid is added to previous bid to make 20,025,000.
Offer moves to 1.1711. My bid is executed and I now own 25K euros...