◇ GLOSSARY
Reduce-only
An order flag that can only shrink an open position, not flip or increase size. Used for exits and stops so a fat-finger does not double exposure; the venue rejects or clips orders that would add.
◇ GLOSSARY
An order flag that can only shrink an open position, not flip or increase size. Used for exits and stops so a fat-finger does not double exposure; the venue rejects or clips orders that would add.