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Re: havocjohn post# 33955

Tuesday, 04/10/2012 1:31:22 PM

Tuesday, April 10, 2012 1:31:22 PM

Post# of 75926
completely legal.

One significant feature is that Market Peg orders can be specified with a PegDifference. For instance, a Market Peg order to buy, with PegDifference = -0.125, means that you're effectively posting a limit order that will at all times remain 1/8 less than the best offer.

Basically ; you show a price to the market BUT what you show doesn't reveal your full intent

I know absolutely NOTHING