Sequence of order Book

General
1

Hello,

Let us assume present order book looks like below

                              Bid      
Price                                 Order                              Quantity
1.1                                     1                                100
0.9                                     10                               10000
0.8                                     12                               2300

suppose my is the only order at 1.1 of 100 quantity.

Now suppose 5 more orders are placed at 1.1 and the scenerio is as follows:

                              Bid      
Price                                 Order                              Quantity
1.1                                     6                                10000
0.9                                     10                               10000
0.8                                     12                               2300

Now i am at the first place is someone sells at 1.1 i will be the one who’s order will be executed.

Now if i modify the order to increase the quantity to 1000 will i be shifted to last or i will be at the first position only?

2

Hi Trader, You would be shifted to last. Because you modify your order the time stamp gets changed in the server system and hence now you would sit at the 6th place.

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