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Invisible hand

04/10/12 1:31 PM

#33963 RE: havocjohn #33955

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