25.09.2024 10:26
Improvement of control over aggressiveness of orders on the FX market
Starting from October 14, 2024 it is planned to implement the improved aggressiveness control for limit orders in the FX market system.
- For cases when a remainder is formed on the placed order, and the price at which this remainder will be queued exceeds the maximum shift from best price of 1%, such remainder will be withdrawn.
- The introduced restriction does not affect simple maker bids that are placed in an empty orderbook.
- The introduced restriction applies to orders of "Add into queue" type and to orders with hidden quantity.
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