2️What is a "Limit Order"?

A “LIMIT” order allows you to set your own price to buy or sell. If the market reaches your limit price, your order will be executed.

However, limit orders are not guaranteed to be executed. This can occur in a few situations including but not exclusive to:

• Insufficient liquidity to execute the order

• The mark price which is an aggregate of exchange prices did not reach the specified price

• The specified price was reached but not long enough for it to be executed

• No keeper picked up the order for execution

Additionally, trigger orders are market orders and are not guaranteed to settle at the trigger price.