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Date/Time: Fri, 26 Apr 2024 11:02:35 +0000



[User Discussion] - How are off-exchange trades accounted for in Bid Ask Volume?

View Count: 818

[2020-01-13 14:32:04]
User999647 - Posts: 38
Hello,

Stocks trading volume (for example Google's trading volume) includes trades happened on the exchange and trades happened off the exchange (for example dark pool). Off-exchange trading prices do not necessary need to be the same as the current bid or ask prices on the exchange.

As on Sierra Charts, say for a specific trading day, bid volume + ask volume = total trading volume, how are off exchange trades treated with respect to bid or ask volume?

For example, when the market bid ask prices for stock A are 100.1 and 100.2, an off exchange trade is executed by Goldman - the bank managed to sell 10,000 shares of A to a client at a price of 100. Are this 10,000 shares categorized as bid volume or ask volume?

Thanks.
[2020-01-13 21:51:56]
Sierra Chart Engineering - Posts: 104368
This is not within the scope of our support.
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service:
Sierra Chart Teton Futures Order Routing
[2020-01-13 23:17:09]
User999647 - Posts: 38
Sorry, I do not quite understand.

I am asking Sierra Chart a legitimate question on the data you provide and people purchase. Then as a service provider, you tell me the question on your service cannot be answered.

Is there a manager level staff the question can be forwarded to who may know better in what data SC is providing to its clients?

I know SC is running in a low cost way, but at least what data you are providing to clients should be clear right?

Thanks.

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