Requoted orders priority

neverman 2015.09.16 10:33

Hello,

I need to know how works MT4 server when there requoted order.

When there is requoted order, the order request stay in the MT4 server. But meanwhile this server receive more order requests.

My question is how MT4 server proceed the orders: first in first out ? or there are some other logic?

Thanks in advance

William Roeder 2015.09.16 11:20 #1

When there is a requote, the request is rejected. Gone.

Most brokers process in FIFO

neverman 2015.09.16 11:23 #2

requote means that there is no liquidity for this price anymore and the broker give you offer on the next available price.

Any other opinions ?

neverman 2015.09.20 16:24 #3

the answer is FIFO, but requoting have to be answered, else the priority is changing.