Is the market depth fully transparent?


is there someway institutions or any other player may be hiding their orders from showing up on the market depth. how can retailers do that?

Using disclosed quantity is one option among many, also institutions use algos which can hide/exaggerate actual demand and supply for particular stock, so don’t go by market depth alone.



But don’t you have the disclosed quantity option for futures?

That is not applicable for fno.

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