After waiting to update an order price, sometimes the midpoint goes in the wrong direction after we place the order. We don't want to increase the spread because it almost always makes the order not fill. Instead, leave the price as-is if the change would increase the spread.
After waiting to update an order price, sometimes the midpoint goes in the wrong direction after we place the order. We don't want to increase the spread because it almost always makes the order not fill. Instead, leave the price as-is if the change would increase the spread.