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GTC On exchange bid not shown in L2


Guest henrywilletts

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Guest henrywilletts

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.

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Guest henrywilletts

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

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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

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