Support Board
Date/Time: Mon, 21 Apr 2025 14:02:25 +0000
Post From: Time and Sales Above Ask or Below Bid
| [2025-03-11 01:46:41] |
| blt - Posts: 59 |
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...@joshtrader ... ...be so kind and reflect on this: "In the Time & Sales data for futures, when a trade is marked as "above Ask," it indicates that the trade occurred at a price higher than the current asking price. This typically happens when a buyer is aggressive and willing to pay more than the listed ask price to ensure their order is filled quickly. Such trades are often referred to as "sweeps," as the buyer is sweeping through the available ask prices and moving to the next level up." ...my example above reflects this ...in a case this is not correct then the whole DENALI data feed (or any other as a matter) is useless ...I also believe that SC data architecture reflects it as well ...data architecture coding has to recognize and categorized moment when Market order hitting Ask level that doesn't have enough contracts to fill order-then moving higher ... ...please comment and thank you |