OrderFlow-Newbie Question
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investonline999
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OrderFlow-Newbie Question
Is there a way to tell the difference between limit sell orders and buy stop orders in the order book since both order types would be above the current BBO? Thanks.
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Andry API support
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Re: OrderFlow-Newbie Question
Hi!
An order book contains only limit orders. The nature of a stop order makes it impossible to detect it before it is triggered. Exchanges usually provide no info in their data feed about stop orders at the current market. There are some ways to track stop orders. Please find info here (Stops & Native Icebergs Tracker, a component of MBO Bundle).
An order book contains only limit orders. The nature of a stop order makes it impossible to detect it before it is triggered. Exchanges usually provide no info in their data feed about stop orders at the current market. There are some ways to track stop orders. Please find info here (Stops & Native Icebergs Tracker, a component of MBO Bundle).
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Andry API support
- Posts: 630
- Joined: Mon Jul 09, 2018 11:18 am
- Has thanked: 27 times
- Been thanked: 88 times
Re: OrderFlow-Newbie Question
We are excited to announce that Stops & Icebergs is now available as a standalone product, allowing you to purchase it separately from the MBO Bundle. The MBO Bundle remains a cost-effective option if you’re also interested in Market Pulse or Tradermap Pro.
Learn more about the MBO Bundle: https://marketplace.bookmap.com/marketp ... oduct/7028
Learn more about the separate Stops & Icebergs subscription: https://marketplace.bookmap.com/marketp ... 0385058010
Learn more about the MBO Bundle: https://marketplace.bookmap.com/marketp ... oduct/7028
Learn more about the separate Stops & Icebergs subscription: https://marketplace.bookmap.com/marketp ... 0385058010