Wednesday, September 14, 2016 3:49:06 PM
For example, say ARCA 1.79 bid, 2000 shares actual order. Not just 1.79 x 20. That could be number of smaller orders like you pointed out. There are level 2 services that will list each trade, the number of shares on the bid or ask.
Whenever I put in a buy or a sell order, I could see my own order comes up and the MM handling my order and the exact shares I was biding or asking for.
If I see 2000 shares on ask at 1.9, and another 3000 shares at 1.8 on the ask out there, and I want 5000 share at 1.8 I knew my order isn't going to fill completely. I could easily tell if I put in a 5k order at 1.9 it will fill instantly sucking up both the 1.9 and 1.8 on the ask. Either that, or I wait to see if anymore on lower ask. You don't need level 3 to see enough of the details.
Recent IPCI News
- Suspension de la négociation par l'Organisme canadien de réglementation des investissements - IPCI • PR Newswire (Canada) • 03/06/2024 12:55:00 PM
- Canadian Investment Regulatory Organization Trading Halt - IPCI • PR Newswire (Canada) • 03/06/2024 12:51:00 PM
ZenaTech, Inc. (NASDAQ: ZENA) Launchs IQ Nano Drone for Commercial Indoor Use • HALO • Oct 10, 2024 8:09 AM
CBD Life Sciences Inc. (CBDL) Targets Alibaba as the Next Retail Giant for Wholesale Expansion of Top-Selling CBD Products • CBDL • Oct 10, 2024 8:00 AM
Foremost Lithium Announces Option Agreement with Denison on 10 Uranium Projects Spanning over 330,000 Acres in the Athabasca Basin, Saskatchewan • FAT • Oct 10, 2024 5:51 AM
Element79 Gold Corp. Reports Significant Progress in Community Relations and Development Efforts in Chachas, Peru • ELEM • Oct 9, 2024 10:30 AM
Unitronix Corp Launches Share Buyback Initiative • UTRX • Oct 9, 2024 9:10 AM
BASANITE INDUSTRIES, LLC RECEIVES U.S. PATENT FOR ITS BASAFLEX™ BASALT FIBER COMPOSITE REBAR AND METHOD OF MANUFACTURING • BASA • Oct 9, 2024 7:30 AM