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Date/Time: Sat, 04 May 2024 02:32:17 +0000

Post From: MBO's Significance - Understanding Behavior

[2023-06-02 01:23:39] Link To Thread - Link To Post [Go To First Post]
Steve Leon - Posts: 292
I am just trying to understand the significance of the MBO orders for the evening session on ES. Without any filtering there are many MBO orders present. The number of these orders at any given line does not equal the numberof orders displayed in the DOM. Also when they trade through a price on the DOM most of the orders are not traded and then the line of MBO orders goes blank and repopulates with another line of MBO's depending whether it oges bid or offer. Are these orders real ? If so why are they not getting filled ? Can you help explain what I am seeing If there are any references you can give me that would also be helpful. Thank you SPL