Market Peg

What is "Price Peg (Peg)"

Peg is a mode where the exchange sets your order's price for you and automatically keeps it tied to the market, instead of you typing in a number by hand. For example, your order can be "glued" to the best buy price, the best sell price, or the middle of the spread. This way the order follows the market on its own while you're not watching it.