Queue position

Queue position is where an order sits in the line at its price level under time priority. A good queue position is valuable, which gives traders a legitimate reason to place orders early and cancel them later.

market microstructure · updated 2026-09-08

See also

• Price-time priority — Price-time priority is the standard matching rule: better prices execute first, and among equal prices the order that arrived firs…
• Resting order — A resting order is a limit order sitting unexecuted in the order book, visible to other participants and available to be traded ag…

Terms that refer here

Price-time priority

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