By XTRAVAGANZA · Posted
By XTRAVAGANZA · Posted
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Question
LanceWalton
Hi.
I'm new so please forgive what might be a basic question.
I created a buy order last night (7 March 2024) for Senior PLC (SNR) with an end date & time of 17:00 today (8th of March 2024). The price level is set to £163.27. Last night before close the price was £166.18. Between 08:00 & 08:15 this morning, the price opened at £159.80, & had a low of £157.80. Last night the Buy/Sell spread was a little over £1 & it is around the same now. Given that the low between 08:00 & 08:15 this morning was way lower than the price level of my buy order (the difference is £5.47) & about 4-5 times bigger than the spread last night & the spread now (about £1, why didn't the order get filled? Did the spread increase massively during that 15 minutes, or am I misunderstanding something?
Thanks,
Lance
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