Jump to content
  • 0

GTC On exchange bid not shown in L2

Question

Hi, FSTA was 952 bid for 540 shares. I entered a GTC on exchange bid at 953 but this is not shown in L2 data, is it actually working? I can see it in my reserved orders, but i want it to be showing out a 953 bid, not just wait to see if it goes 953 offered and lift it if it does.

fsta.PNG

Edited by henrywilletts

Share this post


Link to post

2 answers to this question

Recommended Posts

  • 0

Sorry should read:
FSTA was 952 bid. I entered a GTC on exchange bid at 953 for 540 shares, but this is not shown in L2 data

Share this post


Link to post
  • 0

Hi I see your issue and have 2 possible answers.

1) All display bid/offer prices for this stock are in 2p or even numbered intervals and as your bid was an odd interval would not increment to the next level - if you had entered 954p it would have shown top yellow bid order - your 953p order would be pending within the yellow bar spread though.  All A - Automatic SETS trades would execute at only even number prices.  All other orders would be O - ordinary trades.    

or

2)  Your order was marked as hidden and not publicly viewable but was present on order book.

cheers

Edited by knicol46
  • Like 1

Share this post


Link to post

Your content will need to be approved by a moderator

Guest
You are commenting as a guest. If you have an account, please sign in.
Answer this question...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • IG ISA Season

  • Member Statistics

    • Total Topics
      6,371
    • Total Posts
      28,278
    • Total Members
      37,101
    Newest Member
    lulub2000
    Joined 18/03/19 16:55
  • Our picks

    • Flowless rally - APAC brief 18 Mar
      A flowless rally: It’s being dubbed the “flowless rally”. Equities are ticking higher, but without the fundamental buying-support one might assume. This is especially so when considering the milestone achieved on Wall Street on Friday. Finally, the 2815 resistance level has tumbled, and the bulls have cautiously, quietly rejoiced. There are yellow flags popping up here and there, however, and that is making participants wary. It goes back to this “flowless rally” business: the latest leg of global stocks big recovery isn’t being supported by investor flows. In fact, investor flows look to have diminished somewhat. The reasoning behind this move is somewhat speculative. The impact of share buybacks is one popular argument. Whatever the cause, confidence isn’t accompanying this rally.


      Economic conditions deteriorating: Maybe market participants are still scorned from the market correction in 2018. A bitterness and cynicism stemming from that is understandable. Much of the frustration comes, it would seem, from a widespread recognition that this rally has come in the absence of solid fundamentals. On the contrary, if looking at the macro-outlook, there are more reasons to be bearish than bullish right now. Global growth is (almost) irrefutably slowing, and some of the geopolitical sore-points dictating sentiment, like Brexit and the US-China trade war, are showing little new signs of progress. A major factor keeping this rally alive in riskier assets, perhaps concerningly, is a little case of “fear of missing out”.
      • 0 replies
×