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Aggressive vs  Resting Orders

Orders may be:

• Aggressive - These orders are matched against existing Resting orders held in the order book. Once submitted these orders typically cannot be cancelled or modified. Typically, these orders are not displayed in the venue MarketData feed.
• Resting - These orders are submitted at price levels away from the prevailing market, i.e.  buying at a price below or selling at a price above the market. Typically, these orders are displayed in the venue MarketData feed.

Time In Force

Details of the TimeInForce values supported by Whisperer Enterprise for both categories are provided below.

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