Scheduling Pending Orders by Time and Price
Summary
The document describes a pending-order tool that lets a user specify a start time and end time, along with minimum and maximum prices, for submitting an order while the market is closed. It also says the tool can be used when the market is open to set a chosen time and price. The central idea is to constrain order placement by both a time window and a price range.
The description is brief and does not explain which order types are supported, how the price limits are interpreted, or what happens if the market opens outside the specified range. It gives no examples, execution details, risk controls, or test results. As a result, it conveys the tool's basic purpose but not enough information to assess its implementation or suitability for a particular trading workflow.
Key ideas
- The tool is described as allowing pending-order scheduling during closed-market periods.
- A start and end time define the submission window.
- Minimum and maximum prices provide an additional constraint.
- The description also mentions use during open markets but omits order handling and execution details.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.