{"id":1567,"date":"2021-06-14T18:04:00","date_gmt":"2021-06-14T18:04:00","guid":{"rendered":"https:\/\/ibkrcampus.eu\/glossary-terms\/relative-market-order\/"},"modified":"2021-06-14T18:04:00","modified_gmt":"2021-06-14T18:04:00","slug":"relative-market-order","status":"publish","type":"glossary-terms","link":"https:\/\/www.interactivebrokers.eu\/campus\/glossary-terms\/relative-market-order\/","title":{"rendered":"Relative + Market Order"},"content":{"rendered":"<p>An order type available for certain multi-leg combinations, and when used with a non-guaranteed combination order it could help to increase the chances of all legs in the order being filled. Although the order type uses the term &#8220;Relative,&#8221; this refers to the behavior of the limit order initially submitted, which is pegged to the bid for a buy and to the ask for a sell similar to a Relative order, in an attempt to add rather than remove liquidity. Initially one or more legs are submitted as limit orders, but if the first leg fills or partially fills, the remaining legs are resubmitted as market orders.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An order type available for certain multi-leg combinations, and when used with a non-guaranteed combination order it could help to increase the chances of all legs in the order being filled. Although the order type uses the term &#8220;Relative,&#8221; this refers to the behavior of the limit order initially submitted, which is pegged to the [&hellip;]<\/p>\n","protected":false},"featured_media":0,"parent":0,"template":"","meta":{"_acf_changed":false,"footnotes":""},"traders-glossary":[174,157],"class_list":{"0":"post-1567","1":"glossary-terms","2":"type-glossary-terms","3":"status-publish","5":"traders-glossary-trading-terms-r","6":"traders-glossary-trading-alphabet"},"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Archives Term | IBKR Glossary | IBKR Campus<\/title>\n<meta name=\"description\" content=\"An order type available for certain multi-leg combinations, and when used with a non-guaranteed combination order it could help to increase the chances...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.interactivebrokers.com\/campus\/glossary-terms\/relative-market-order\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Relative + Market Order\" \/>\n<meta property=\"og:description\" content=\"An order type available for certain multi-leg combinations, and when used with a non-guaranteed combination order it could help to increase the chances of all legs in the order being filled. Although the order type uses the term &quot;Relative,&quot; this refers to the behavior of the limit order initially submitted, which is pegged to the bid for a buy and to the ask for a sell similar to a Relative order, in an attempt to add rather than remove liquidity. Initially one or more legs are submitted as limit orders, but if the first leg fills or partially fills, the remaining legs are resubmitted as market orders.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.interactivebrokers.com\/campus\/glossary-terms\/relative-market-order\/\" \/>\n<meta property=\"og:site_name\" content=\"IBKR Campus EU\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\n\t    \"@context\": \"https:\\\/\\\/schema.org\",\n\t    \"@graph\": [\n\t        {\n\t            \"@type\": \"WebPage\",\n\t            \"@id\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/glossary-terms\\\/relative-market-order\\\/\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/glossary-terms\\\/relative-market-order\\\/\",\n\t            \"name\": \"Relative + Market Order\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/#website\"\n\t            },\n\t            \"datePublished\": \"2021-06-14T18:04:00+00:00\",\n\t            \"description\": \"An order type available for certain multi-leg combinations, and when used with a non-guaranteed combination order it could help to increase the chances of all legs in the order being filled. Although the order type uses the term \\\"Relative,\\\" this refers to the behavior of the limit order initially submitted, which is pegged to the bid for a buy and to the ask for a sell similar to a Relative order, in an attempt to add rather than remove liquidity. Initially one or more legs are submitted as limit orders, but if the first leg fills or partially fills, the remaining legs are resubmitted as market orders.\",\n\t            \"breadcrumb\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/glossary-terms\\\/relative-market-order\\\/#breadcrumb\"\n\t            },\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"ReadAction\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/glossary-terms\\\/relative-market-order\\\/\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"BreadcrumbList\",\n\t            \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/glossary-terms\\\/relative-market-order\\\/#breadcrumb\",\n\t            \"itemListElement\": [\n\t                {\n\t                    \"@type\": \"ListItem\",\n\t                    \"position\": 1,\n\t                    \"name\": \"Home\",\n\t                    \"item\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/\"\n\t                },\n\t                {\n\t                    \"@type\": \"ListItem\",\n\t                    \"position\": 2,\n\t                    \"name\": \"Glossary\",\n\t                    \"item\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/glossary-terms\\\/\"\n\t                },\n\t                {\n\t                    \"@type\": \"ListItem\",\n\t                    \"position\": 3,\n\t                    \"name\": \"Relative + Market Order\"\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"WebSite\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/#website\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/\",\n\t            \"name\": \"IBKR Campus EU\",\n\t            \"description\": \"\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"SearchAction\",\n\t                    \"target\": {\n\t                        \"@type\": \"EntryPoint\",\n\t                        \"urlTemplate\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/?s={search_term_string}\"\n\t                    },\n\t                    \"query-input\": {\n\t                        \"@type\": \"PropertyValueSpecification\",\n\t                        \"valueRequired\": true,\n\t                        \"valueName\": \"search_term_string\"\n\t                    }\n\t                }\n\t            ],\n\t            \"inLanguage\": \"en-US\"\n\t        }\n\t    ]\n\t}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Archives Term | IBKR Glossary | IBKR Campus","description":"An order type available for certain multi-leg combinations, and when used with a non-guaranteed combination order it could help to increase the chances...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.interactivebrokers.com\/campus\/glossary-terms\/relative-market-order\/","og_locale":"en_US","og_type":"article","og_title":"Relative + Market Order","og_description":"An order type available for certain multi-leg combinations, and when used with a non-guaranteed combination order it could help to increase the chances of all legs in the order being filled. Although the order type uses the term \"Relative,\" this refers to the behavior of the limit order initially submitted, which is pegged to the bid for a buy and to the ask for a sell similar to a Relative order, in an attempt to add rather than remove liquidity. Initially one or more legs are submitted as limit orders, but if the first leg fills or partially fills, the remaining legs are resubmitted as market orders.","og_url":"https:\/\/www.interactivebrokers.com\/campus\/glossary-terms\/relative-market-order\/","og_site_name":"IBKR Campus EU","twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.interactivebrokers.eu\/campus\/glossary-terms\/relative-market-order\/","url":"https:\/\/www.interactivebrokers.com\/campus\/glossary-terms\/relative-market-order\/","name":"Relative + Market Order","isPartOf":{"@id":"https:\/\/ibkrcampus.eu\/campus\/#website"},"datePublished":"2021-06-14T18:04:00+00:00","description":"An order type available for certain multi-leg combinations, and when used with a non-guaranteed combination order it could help to increase the chances of all legs in the order being filled. Although the order type uses the term \"Relative,\" this refers to the behavior of the limit order initially submitted, which is pegged to the bid for a buy and to the ask for a sell similar to a Relative order, in an attempt to add rather than remove liquidity. Initially one or more legs are submitted as limit orders, but if the first leg fills or partially fills, the remaining legs are resubmitted as market orders.","breadcrumb":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/glossary-terms\/relative-market-order\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.interactivebrokers.com\/campus\/glossary-terms\/relative-market-order\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.interactivebrokers.com\/campus\/glossary-terms\/relative-market-order\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.interactivebrokers.eu\/campus\/"},{"@type":"ListItem","position":2,"name":"Glossary","item":"https:\/\/www.interactivebrokers.eu\/campus\/glossary-terms\/"},{"@type":"ListItem","position":3,"name":"Relative + Market Order"}]},{"@type":"WebSite","@id":"https:\/\/ibkrcampus.eu\/campus\/#website","url":"https:\/\/ibkrcampus.eu\/campus\/","name":"IBKR Campus EU","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ibkrcampus.eu\/campus\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/glossary-terms\/1567","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/glossary-terms"}],"about":[{"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/types\/glossary-terms"}],"version-history":[{"count":0,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/glossary-terms\/1567\/revisions"}],"wp:attachment":[{"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/media?parent=1567"}],"wp:term":[{"taxonomy":"traders-glossary","embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/traders-glossary?post=1567"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}