https://eryk.github.io/tags/order-book/ Recent content in Order Book on Eryk's Blog Hugo zh-CN © 2017–2026 Eryk Thu, 24 Aug 2017 16:36:21 +0000 https://eryk.github.io/2017/08/24/leve1level2-%E8%A7%A3%E9%87%8A/ Thu, 24 Aug 2017 16:36:21 +0000 https://eryk.github.io/2017/08/24/leve1level2-%E8%A7%A3%E9%87%8A/ <h1 id="level-1-market-data">Level 1 Market Data</h1> <p>Basic market data is known as level 1 market data, and includes the following information:</p> <ul> <li><strong>Bid price</strong>: The highest price that a trader is willing to buy an asset at.</li> <li><strong>Bid size</strong>: The number of shares, forex lots or contracts that are available at the bid price.</li> <li><strong>Ask price</strong>: The lowest price that a trader is willing to sell an asset at.</li> <li><strong>Ask size</strong>: The number of shares, forex lots or contracts that are available at the ask price.</li> <li><strong>Last price</strong>: The price at which the most recent trade was completed.</li> <li><strong>Last size</strong>: The number of shares, forex lots or contracts that were traded in the most recent trade.</li> </ul> <p>Level 1 market data provides all of the information needed to trade using most trading systems. If you are trading a price action or indicator based strategy, then Level 1 market data should satisfy your informational needs.</p>