Active Limit

Active Limit enables limit orders to dynamically follow the market’s midpoint, ensuring they adjust in real-time as prices fluctuate. This setting helps traders stay competitive by continuously updating order placement to reflect market movements.

How It Works

• Limit orders are pegged to dynamic price levels, adjusting as the market moves.

• Orders are re-pegged every second, maintaining alignment with current market conditions.

Considerations

• Enhances responsiveness, ensuring limit orders remain near the market price.

• May increase visibility in the order book, potentially signaling trading intent.

This setting is useful for traders looking to stay competitive in fast-moving markets while maintaining control over order execution.