(edited by laokoko.7403)
Is the TP FIFO or LIFO?
First in first out
FIFO or near enough not to quibble over specifics.
There used to be a bug in the order queuing algorithm where you could induce it into LIFO behavior. This bug was easily exploitable, especially by bots to put their orders at the top of the queue, pushing everyone else’s down. It got fixed.
is the buy order fifo too?
Yes, both buy and sell orders are processed in FIFO order for the same offer price.
Great, I was just going to post this question. Thank you.
interestingly, if you take a snapshot of the buy and sell orders, both are FIFO
but if you look at a general day of trading, I’d guess that a lot of it is LIFO, just from undercutting. I know a lot of people price-match the highest one, but there is still a lot of undercutting going on, and the last to undercut is the first to sell.
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Yes, both buy and sell orders are processed in FIFO order for the same offer price.