offgre.blogg.se - Level 2 quotes free

Market Level 2 data provides traders more detailed information about a stock’s order book and trading activity than Market Level 1 data. Level 2 market data displays the best bid-offer-volume quotes in real-time, market depth as the magnitude of buy and sell orders at different prices, and order book where most orders are concentrated among market makers. Traders or scalpers trading on changes occurring because of other traders’ bidding and asking rates prefer using Level II data to provide more profound and multiple information on the market. Last Size Depending on the financial market, the total number of shares, currency pairs, or contracts sold in the last transaction.The last Price, The last rate of the previous transaction, is executed in the market.

Ask Size Depending on the financial market, the number of shares, currency pairs, or contracts traders sell at the asking price.

Ask Price The lowest rate at which a trader will likely sell a financial instrument.

Bid Size: Depending on the financial market, the total number of shares, currency pairs, or contracts traders are buying at the bid price.

Bid Price The highest rate at which a trader will likely purchase the financial asset.

The following terms are associated with the Level I sell data. It helps traders take trades based on charts, price actions, and indicators.

When you get basic information related to the market, it is considered Level I market data. See the market data level 1 example video: Level 1 market data displays the best bid-offer-volume quotes in real-time and gives information about bid price, bid size, ask price, size, last price, and last size.