Cryptocurrency Q&A
What does MTL mean in trading?
What does MTL mean in trading?
Tommaso
Fri Oct 25 2024
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5 answers
1255
I'm trying to understand the meaning of MTL in the context of trading. I've encountered this term several times, but I'm not sure what it stands for or how it's used in trading.
5 answers
HallyuHype
Sun Oct 27 2024
However, if the order is only partially filled, the remaining portion does not remain as a market order.
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QuasarStorm
Sun Oct 27 2024
An MTL (Market-to-Limit) order operates in a specific manner.
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Martino
Sun Oct 27 2024
Instead, it is canceled and subsequently re-submitted as a limit order. The limit price for this new order is set equal to the price at which the filled portion of the original order executed.
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Andrea
Sun Oct 27 2024
Initially, it is submitted as a market order, aiming to execute at the current best market price available.
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Lorenzo
Sun Oct 27 2024
The primary goal is to ensure that the order is filled as quickly as possible, taking advantage of the existing market conditions.
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