imageWhat is the meaning of max buy or min sell that I see in the order placement section? - Delta Exchange

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What is the meaning of max buy or min sell that I see in the order placement section?

Trading on Delta Exchange happens within the ‘allowed trading band’ which is defined as the -/+2.5% range around the current Mark Price. For buy trades, the upper bound (Max Price) of the trading band is applicable. This means any buy order cannot execute at a price greater than Mark Price + 2.5%. Similarly, for sell orders, the lower bound (Min Price) of the trading band is applicable. This implies that the execution price of a sell order cannot be less than Mark Price – 2.5%. You can see the complete details of the allowed trading band and its implications here.

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