so I've been trading for some time but never needed to know all the various ways to add liquidity or get filled in certain ways.
therefore, I have a couple of questions:
lets assume the current spread is
bid: 19.99, ask 20:00
the posted market price is 19.995
I know I can place a buy-limit order for
17.00
19.98
19.99
19.994
and that these count as adding liquidity.
but what about
19.995
19.997
20.00
20.001
<b>Can I go above the midpoint and have that count as adding liquidity?
Can I match an order from the ask side with a limit order and have that count as adding liquidity?
Can I place a buy-limit order above the ask at all?
</b>
I've done all these things before but I never cared to examine it (if I got filled I got filled)
therefore, I have a couple of questions:
lets assume the current spread is
bid: 19.99, ask 20:00
the posted market price is 19.995
I know I can place a buy-limit order for
17.00
19.98
19.99
19.994
and that these count as adding liquidity.
but what about
19.995
19.997
20.00
20.001
<b>Can I go above the midpoint and have that count as adding liquidity?
Can I match an order from the ask side with a limit order and have that count as adding liquidity?
Can I place a buy-limit order above the ask at all?
</b>
I've done all these things before but I never cared to examine it (if I got filled I got filled)