I have been watching Cineworld shares this morning. After the big drop, the price fluctuated between 16p and 29p on the charts as you can see in the attached video.
Yet Level 2 was just hovering around 26-29p. Why doesn't the Level 2 show the real movement that the Cineworld chart is showing ?
Who gets to buy the shares at 16p ?
Obviously we can't as it is not avaliable at the ask price on Level 2.
Why is this not avaliable to us on IG ?
Cineworld 05-10-2020 L2 vs Charts.mp4