Can anyone help explain:
Yesterday I placed a 300K buy order on BRO at $0.008
After I placed my order I looked at the depth and it was approx 1.3million on the buy at $0.008... so I figured that there were 1 million in front of me in the queue.
For the rest of the day BRO traded above $0.008... untill the closing auction, when I looked at the closing trades, and over 2 million had gone through after the bell at $0.008.
Great i thought... my order was filled
However, it appears that my order was NOT filled at all! How could this be?
If someone ahead of me in the queue changed their order from a 1million buy to a 2 million buy at $0.008... does their original place in the queue get preserved, or do they join the back of the queue with the ammended order?
Cheers,
MisterMoon
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