Priority of the Stock Exchange orders

The first selection in the priority of the orders is done initially, by the price.

  • a buying order with a course higher than the others, is placed at the head file of the orders on standby of execution in the notebook of orders.
  • a sale order with a course lower than the others, is placed at the head file of the orders on standby of execution in the notebook of orders.
Then, the orders are carried out by order of arrival in the notebook of orders. The of the same orders direction and of the same course are carried out in the order of entry in the notebook of orders (entered first, first carried out).

See too

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