However, that may not be the case when routing a futures order. Unlike equities, market orders on futures are subject to protection points, resulting in a Market Order with Protection. What does this ...

Bypassing Regulations: They bypass the Order Protection Rule, ensuring speed. Market Fragmentation Solution: ISOs address the challenge of securities traded on multiple platforms. Speed is vital ...

The alternative to a limit order is a market order, which calls for a trade to be executed at the prevailing market price without any price limit specified. A limit order guarantees that an order ...