Pegged to Primary Order : Delta, Peg Diff, Max floor what Means ?

Discussion in 'Order Execution' started by TradeTune, Sep 23, 2020.

  1. Hi,
    Where i can find information on how to use Parameters with these 3 words : Delta, Peg Diff, Max floor which is use for "Pegged to Primary or Market "
    (please check attached Screenshot) in Hotkeys.

    Unfortunately below Link doesn't explain them
    https://help.streetsmart.schwab.com/edge/1.22/Content/Trading Hot Keys.htm

    Delta: Specifies how much above or below the Inside Bid or Ask to price the order
    Peg Diff: Available if order type is Market-Peg or Primary-Peg
    Max Floor: Can be used with the ARCA or NSDQ venues, if available.



    Capture.JPG