A BID on a LIMIT ORDER that is lower than the current price, or an ASK that is higher than the current price. The order is held for later execution unless it is specifically identified as an ALLORNONE ORDER (i.e., FILL OR KILL).
A BID on a LIMIT ORDER that is lower than the current price, or an ASK that is higher than the current price. The order is held for later execution unless it is specifically identified as an ALLORNONE ORDER (i.e., FILL OR KILL).