What do we infer from the shares bid - position in market?
Personal Finance & Money Asked by tannoy connect on February 3, 2021
I am trying to understand what can I conclude or infer from my position in the market when I have applied for the bid. In terms of number of buyers and the volume. Next in terms of number of sellers and the volume. Also, what is that position number in the bid? Is my bid gets placed in the queue? How does it all work? What this picture shows in terms of supply and demand? Can I infer anything more out of it?
Order Position in the Share market – ASX – Australia Stock Market:
One Answer
There's not a lot that you can infer from a partial snapshot of the order book. It appears that the market is .375 x .385 and that there are 22 orders that were placed ahead of you. How much volume is ahead of you is unknown since you only displayed lines 18 to 27 of the sell side.
Orders go on the order book based on price and time, sort of first come, first served.
Answered by Bob Baerker on February 3, 2021
Add your own answers!
Ask a Question
Get help from others!
Recent Questions
- How can I transform graph image into a tikzpicture LaTeX code?
- How Do I Get The Ifruit App Off Of Gta 5 / Grand Theft Auto 5
- Iv’e designed a space elevator using a series of lasers. do you know anybody i could submit the designs too that could manufacture the concept and put it to use
- Need help finding a book. Female OP protagonist, magic
- Why is the WWF pending games (“Your turn”) area replaced w/ a column of “Bonus & Reward”gift boxes?
Recent Answers
- Lex on Does Google Analytics track 404 page responses as valid page views?
- haakon.io on Why fry rice before boiling?
- Jon Church on Why fry rice before boiling?
- Peter Machado on Why fry rice before boiling?
- Joshua Engel on Why fry rice before boiling?