Find a slow market, like for example the 10YR 06-22 interest rate futures outside regular trading hours. You will not have to wait long to see the bid/ask spread move away from the last traded price by several ticks, such that the last traded price is well outside the market. For sake of example say the market has moved four ticks above the last trade price. Now using Chart Trader right-click in the space two ticks below the market, which would also be two ticks above that last trade price, The first option Chart Trader presents is to place a limit order to sell at the price you have just clicked, which would be a limit order to sell two ticks below the market (i.e, below the bid price).
Is this intended?
Since you have selected a price below the market shouldn't Chart Trader be asking to place a limit buy order?
But there's more. Wait until the market widens out to say 10 ticks and the last trade is inside the market. Now enter a Chart Trader limit order to buy inside the market but at or below the last trade price. In my experience it is usually filled immediately at the bid price, when in reality it would not be filled at all.
Just wondering if this is the way we want order/trade simulation to work.
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