Level 2 Market Data Explained: Order Books and Market Depth
Learn how Level 2 market data, electronic order books, and market depth work. Understand the NBBO, price-time priority, bid-ask spreads, and liquidity traps.
bid ask spread
Learn how Level 2 market data, electronic order books, and market depth work. Understand the NBBO, price-time priority, bid-ask spreads, and liquidity traps.