01-11-2012, 04:33 PM
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#6
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NinjaTrader Customer Service
Join Date: Dec 2008
Location: Denver, CO, USA
Posts: 7,353
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Hello steve2222,
I can offer no more clarification than to say that it's the agreed upon convention for this order type and is not specific to the exchange.
You are correct that a limit order would be used in the situation you outlined.
Kyle
NinjaTrader Customer Service
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