Revision as of 22:08, 21 October 2021 edit Citation bot (talk \| contribs) Bots 5,872,790 edits Add: year. \| Use this bot. Report bugs. \| Suggested by Chris Capoccia \| #UCB_toolbar ← Previous edit		Revision as of 12:58, 5 August 2022 edit undo 146.230.44.143 (talk) →Pro-Rata algorithm Next edit →
Line 26: ===Pro-Rata algorithm=== * Motivates other orders to join the queue with large limit orders. As a consequence, the cumulative quoted volume at the best price is relatively large. * Does not motivate to narrow the spread in the natural way. This weakness is partially offset by introducing the time priority element for the first order that makes a new price. ==Efficiency==

Order matching system: Difference between revisions