Open topic with navigation
Pegged-to-Market
Submit an aggressive order that is pegged to buy on the best offer and sell on the best bid.
To create a Pegged-to-Market order
- Click the Ask price to create a BUY order, or the Bid price to create a SELL order.
- In the Dest. field ensure that the destination is Island.
- In the Type drop-down select PEG MKT.
- If desired, modify the offset amount in the Aux. Price field.
- To transmit, click the "T" in the Status field.
Available for stock orders direct routed to Island.
For a more detailed description of pegged-to-market orders, visit the
Order Types
information page.