Hopefully someone sees this and answers my question. I have been trying to understand L2. I've read articles and watched youtube videos but it seems like people say different things about it.
In this example could you tell me what the numbers on the bid side means? 78,214,400 @.0006 x 16,319,800 @.0007
I am assuming that the 16,319,800 on the asked means that there are only that many shares of .0007 left and then they have to move it up to 0008?
But I don't understand what the 78,214,400 on the bid means. Is that how many shares people want to sell or is that how many shares people want to buy?
Thank you to whoever answers my questions!
