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Tagged: High Price, Market Window
You will come to first in the buy order queue .You will be allotted shares with the highest price in the sell order queue.
when you quote high price to buy a stock you will be the first person in the buy order queue and you will be allotted shares immediately with the current price prevailing in the market and not the price what you have qouted.
If you quote high price to buy the stock compared to the current market price,you will be in the queue when the price is allotted in the market window to buy.
In this case, the trade will execute immediately at the best seller’s price.
There will be a queue of buyers in descending order of the price quoted by them in front of the window to buy and when you quote the highest price, you will be the first person in the queue. Your order will get executed at the best price quoted by the seller.
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