Limit order with MARKET_ON_CLOSE persistence transitioning to MOC too early?

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  • freemans13
    Junior Member
    • Jun 2023
    • 14

    #1

    Limit order with MARKET_ON_CLOSE persistence transitioning to MOC too early?

    It doesn't always happen but I sometimes spot in the stream, updates to my LIMIT orders that suddenly mark the order EC and the bsp attribute is set to a number. This happens long before the race starts. I don't seem to be able to cancel these orders either.
    It doesn't match anything at this stage. That happens at the off as you'd expect but why did it become EC hours earlier with no matches. It wasn't cancelled. there is no cd.

    What is triggering my order to transition to a BSP order too earlier (I'm talking hours early).
    It doesn't do this to all my orders, just some and I don't understand why.
  • freemans13
    Junior Member
    • Jun 2023
    • 14

    #2
    I think I've found the reason. Any LIMIT order with MOC persistence automatically transitions when the market is suspended at any time for any reason.

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