This occurs when only some of the shares have filled in a placed ore.
For example:
- A seller places a sell order for 3,000 shares at R5.00.
- A buyer places a buy order to purchase 1,700 shares at R5.00.
The order will match and a trade will take place.
- The buyer’s full order of 1,700 shares will be filled.
- The seller’s order will be partially filled by 1,700 shares. This leaves the seller with an active sell order in the market of 1,300 shares at R5.00.
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