Why did the limit order not execute even though the share price matched the order price?

Trades on TradeJini operate on a ‘first come first serve’ basis, following a queue system on the exchange. This means that if multiple orders are placed at the same price, and there’s only one opposing offer, the execution prioritizes the earliest placed bid.

Understanding your position in the queue at any given moment is challenging due to the rapid changes in numbers and volatility on the exchange. The vast number of orders being added or reduced in the queue in a split second makes it unpredictable.

TradeJini adheres to a “price-time priority” principle for both orders and quotes. Each order receives a timestamp upon placement, determining its priority in the execution queue. This system ensures fairness and efficiency in processing trades.