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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: MaryinRed who wrote (18597)3/9/1999 12:45:00 PM
From: R. L. Chapin  Read Replies (1) | Respond to of 122087
 
That is the size of the most prevalent bid and ask. It means the bid is good for 500 shares and the ask is good for 500 shares.



To: MaryinRed who wrote (18597)3/9/1999 12:48:00 PM
From: Mama Bear  Respond to of 122087
 
"time for Mary's stupid question of the hour

what does 5 x 5 mean?"

Barb's stupid answer: 25 <g>

Are you talking about a bid/ask size on a level I quote? If so, it's almost meaningless. It would be the number of shares (times 100..5 x 100 = 500, 10 x 100 =1000) bid or offered on the inside. The trouble with level 1 is that you can't see the depth. There could be 10 bids for 500 shares and only 1 offer of 500, or vice versa.

Barb


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