Do orders in Sets-Qx securities only get traded in the uncrossing auctions through Trading 212?
The stock I’m interested in seems to trade on a fairly continuous basis throughout the day, but my orders through T212 only seem to get matched in the auctions.
I would have thought the process would be something like this?
- receive limit order
- Check market maker quotes, if there is bid/ask volume at/better than limit order price then trade it
- if there isn’t liquidity at the order price, then wait until there is, or if nothing shows up then place order into the uncrossing auction.
Appreciate any info you can give me!