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Non-Tech : CyBerX
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To: Redmond Quain who wrote (194)1/8/2000 6:18:00 PM
From: WryBoy   of 212
 
A limit order is a limit order, not a stop or stop-limit order. You can only count
on getting filled if your price is the best price available and the stock is liquid.
If you place a limit order away from the inside market using Island, for example,
the order will sit in the Island book until either your order is taken by a
counterparty or it is cleared at the end of the day.

All that said, with the 3 minute auto-cancel turned off, you can at least know that
your limit order is still in the book even if you log out and shut down your computer.
Whether or not it gets filled is up to the gods I'm afraid.

WB
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