Author Topic: orders  (Read 838 times)

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zxcv

  • Guest
orders
« on: July 03, 2019, 09:08:32 am »
hi,

i am new to bitshares and i have 2 questions:

1) can i make a market order? (not limit)

2) if i make a large limit order (amount is bigger than the first order can fill), how does it get filled?
will the amount get filled by the next order (or the next etc. until the amount is big enough)? or will it be filled by a couple of orders (until it gets fill entirely)?

thank you

Offline sschiessl

Re: orders
« Reply #1 on: July 03, 2019, 11:42:16 am »
1) can you define what a marker order is for you?

2) Yes partial fills are possible, up to the specified price but no worse. if it doesn't get completely filled it will just sit there until someone fills it or you cancel it / it expires

zxcv

  • Guest
Re: orders
« Reply #2 on: July 03, 2019, 12:41:14 pm »
thank you for the reply.

1) market for me = buy an amount without specific price, until it is completely filled

2) i will clarify the question - how does it get filled? example: i have 1000 bitUSD and i want to buy 1000 BTS

orders in the exchange are:
1) 50 BTS for 5 bitUSD (Price is 10 BTS/bitUSD)
2) 10000 BTS for 2000 bitUSD (price is 5 BTS/bitUSD)

will my order by filled by 50 BTS at price 10 BTS/bitUSD and then 950 BTS at price 5 BTS/bitUSD (i get 50 + 4975 = 5025 BTS)
or:
will be filled entirely the second order (i get 5000 BTS)

thank you again


Offline sschiessl

Re: orders
« Reply #3 on: July 03, 2019, 03:05:41 pm »
It will matched sorted by price, always matching best price first