Cryptocurrency Q&A What is MTL in trading?

What is MTL in trading?

KDramaLegendaryStarlight KDramaLegendaryStarlight Sat Oct 19 2024 | 7 answers 1925
I've been exploring trading concepts recently and came across the term MTL. I'm curious to know what MTL stands for in the context of trading and how it fits into trading strategies or operations. What is MTL in trading?

7 answers

Giovanni Giovanni Mon Oct 21 2024
The Market-to-Limit (MTL) order is a unique trading strategy designed to maximize efficiency in executing trades.

Was this helpful?

392
81
CryptoQueenGuard CryptoQueenGuard Sun Oct 20 2024
Initially, an MTL order is submitted as a market order, aiming to execute immediately at the current best available market price.

Was this helpful?

253
46
Alessandra Alessandra Sun Oct 20 2024
The limit price for the re-submitted order is set equal to the price at which the filled portion of the original order executed. This strategy helps to minimize the risk of adverse price movements.

Was this helpful?

235
83
Elena Elena Sun Oct 20 2024
This approach ensures that the order is filled as quickly as possible, taking advantage of the prevailing market conditions.

Was this helpful?

283
86
Elena Elena Sun Oct 20 2024
BTCC, a leading cryptocurrency exchange, offers a range of services that cater to the diverse needs of traders. Among these services are spot trading, futures trading, and secure wallet solutions.

Was this helpful?

385
78
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts