Marketable Limit Order definition
Marketable Limit Order means a Contract executed when entered to the extent that there is an opposite Standing Limit Order open in the QCEX Direct System.
Marketable Limit Order means any buy order with a limit price equal to or greater than the National Best Offer at the time of order receipt, or any sell order with a limit price equal to or less than the National Best Bid at the time of order receipt. For price sliding, pegged, discretionary, or similar order types where the ranked price is different from the limit price, the ranked price will determine marketability.