Jump to content

L2 Order Book Bid does not look correct Enquest BP and others


BBHoward

Recommended Posts

20 hours ago, BBHoward said:

Again today the same is happening. Significant that IG do not comment on this post. I am considering switching to another provider.

image.png.7d934cfce5dd8e258c8b79878ad12b01.png

image.png.d533e650e54b6f538d11d4f90fd0cfc2.png

Hi @BBHoward,

Thanks for your post. 

The Bid column should be your right hand side column.

The current price shows the the lowest price and quantity available at that price, for example you can buy 56 shares at 1100.00 for ANTO, if you want more shares. The next best price would be 1101 with two sellers, one happy to sell at 1101 another with 164 shares available and one with 247 shares at the same price. Hence the prices are in a increasing order.

For example: If you are purchasing 1000 shares for examples, you will be filled using current offer and the 4 rows below the current price.

I hope that it helps.

If you need further assistance please reach out to helpdesk.uk@ig.com.

Thank you - Arvin

Link to comment

Arvin,

Thank you for your reply but with respect it does appear that you do not understand L2.

Surely the Bid column is on the left and Offer on the right?

Left hand side are Bids to Buy

Right hand side Offers to sell.

But you are only referring to the right hand column in your reply.  That is in order and increases one penny at  a time.

However looking at the Left Hand side there are prices below which are higher than the current bid but still appear below.

 

Looking at my L2 Manual (below) it shows left Hand Column 10 as Bid and right hand column  13 as Offer.

Please tell me that you are not working for IG helpdesk.

 

image.thumb.png.305904134c3c3c3e25bd3693723f52b4.png

 

 

  • Thought provoking 1
Link to comment

Hi @BBHoward

Thanks for reaching out, 

This is odd, we contacted our shares desk on this issue and they have suggested that it could be a display issue, likely to do with a bad connection. They have asked that you call in when it occurs again so that we can compare it with what the actual order book looks like at the time, and possibly we can raise a ticket to be investigated by our IT team. 

All the best, 

Anda

  • Like 1
Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
      22,096
    • Total Posts
      92,951
    • Total Members
      42,474
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    scobes2
    Joined 17/05/23 10:51
  • Posts

    • What's the next move following the bank run that led to a rally in US stocks? The markets have been giving us hints on its coming trend, which markets are they? Deploying market psychology not only helps us to connect the dots in today’s complexity, it also gives us the simplicity to chart into the future. In this session, we have invited market veteran, Wong Kon How, to help you improve your trading literacy and successfully navigate the financial markets. Kon How will demonstrate how he understands today’s market complexity and seizes the coming opportunity with behavioral science.  
    • Charting the Markets: 1 June Dow and CAC40 stabilise while Nasdaq 100 edges down. EUR/USD, EUR/GBP and USD/CAD stabilise as US debt ceiling bill goes to Senate. And Brent, orange juice stabilise while copper advances as US debt ceiling bill gets signed. Shaun Murison | Senior Market Analyst, Johannesburg | Publication date: Thursday 01 June 2023               This is here for you to catch up but if you have any ideas on markets or events you want us to relay to the TV team we’re more than happy to.
    • Hi all. I have a chunk of cash sitting around and don't really want to allocate it to equities or anything too risky so I was hoping to pick up some regular coupons from something like non-junk bond. I've tried to find bonds on my ISA or Share Dealing account but they don't really seem to exist. I can't find bonds nor ETFs of bonds...  Also can someone help me to understand - like I don't want to bet on the value of bonds or rates going up. I only care about dumping cash in bonds and receiving regular coupons. I understand that the prices of bonds go up and down and therefore you may make a gain/loss on your principal if you sell before maturity, but I kinda want a low-risk bond and want to hold it to maturity. Or at least something that has that kind of risk-reward profile.
×
×
  • Create New...