Friday, July 10, 2009

Order Freeze

Some brokers prevent limit and market orders right before a major news release (some up to 30 minutes to an hour beforehand). This usually occurs with brokers who guarantee fixed spreads.The reason your trading platform “locks up” is not because the platform “crashed”, it’s because the spread is too wide and if the brokers offered them with their fixed spreads, they would lose money.

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