Question

How does Quick Trade work?

Answer

The Quick Trade ticket allows the user to enter trades based on the prevailing market conditions.

The Quick Trade ticket allows the user to enter trades based on the prevailing market conditions.

"Lift Offer" is to enter an immediate-or-cancel BUY limit order at a price level equivalent to the prevailing best offer price.

"Place Bid" is to enter a post-only BUY limit order at a price level equivalent to the prevailing best bid price.

"Hit Bid" is to enter an immediate-or-cancel SELL limit order at a price level equivalent to the prevailing best bid price.

"Place Offer" is to enter a post-only SELL limit order at a price level equivalent to the prevailing best offer price.

In the Expanded layout, orders can be further customized to be 1 tick or 5 ticks away from the prevailing best bid or offer price.

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