In this video, we will look at stop-limit orders. I will show you how to configure them and verify their maker-taker status. We will also touch on which configurations should be avoided.
Stop-limit orders combine the concepts we saw with limit orders and plain stop orders. Stop-limit orders are delayed limit orders. Once the trigger condition registers as true, a limit order is dispatched to the order book. When the matching engine receives the limit order, the order is matched in the same way as we saw in the limit order videos.
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