Apr 22 2017, 11:10 AM
QUOTE(Pink Spider @ Apr 7 2017, 10:25 AM)
Ehh...let me try har...
Sellers
10 units at RM1
1000 units at RM1.10
Buyers
1000 units at RM1.10 <<< u are queuing here
U see a bugger willing to sell 10 units at RM1
But if Bursa match the orders at RM1, only 10 units would get matched
But many buyers are actually willing to buy at RM1.10
So the guy who queued his units at RM1 would get his shares sold at RM1.10
Something like that. The system will always try to maximise the numbers of units that would get matched.
Here:
http://www.bursamalaysia.com/misc/system/a...l_v12_Feb17.pdf
Look at page 82
Those are limit orders and only work at open and close. I honestly don't believe that's how the system works during the trading hours in between the open and close.Sellers
10 units at RM1
1000 units at RM1.10
Buyers
1000 units at RM1.10 <<< u are queuing here
U see a bugger willing to sell 10 units at RM1
But if Bursa match the orders at RM1, only 10 units would get matched
But many buyers are actually willing to buy at RM1.10
So the guy who queued his units at RM1 would get his shares sold at RM1.10
Something like that. The system will always try to maximise the numbers of units that would get matched.
Here:
http://www.bursamalaysia.com/misc/system/a...l_v12_Feb17.pdf
Look at page 82
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