What is the market depth of a stock
I have another doubt i m attaching the screenshot
Here in offer side 493.4 should be at upper side and 493.15 should be at lower side but it is reverse same is the case on bid side can u xplain how is that possible
First line is which price will get executed first.
On buy side, the one with highest will get executed first. Why? Becoz if it is not like that, u will put buy order for 0 rs and u want to buy stock free. So among all bidders, who bid highest will get the stock.
On selling side, lowest price will get priority.
Ok so as per my understanding out of total orders and offer side the order having lowest value will be executed first
Am i correct