easy · Market Microstructure lob
In an order-driven market using Price-Time priority, what is the most effective way for a trader to gain priority over a resting limit buy order at 50.00?
- Submitting a limit buy order at 50.01.
- Using a market order instead of a limit order.
- Waiting for the original trader to cancel their order.
- Submitting a larger order at the same 50.00 price.
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