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In a limit order book market, orders are ranked by price and time. That is, on the bid (buy) side of the book, a high

In a limit order book market, orders are ranked by price and time. That is, on the bid (buy) side of the book, a high priced limit order has priority over a lower priced order. On the offer (ask) side of the book, a low priced limit order has priority. True False

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