1. Actual: First bid price is higher than the first offer price. Expected: First bid price is should be lower than the first offer price 2. Actual: If we try to buy the same as the first offer price still we won't get succeed. Expected: If we try to buy the same as the first offer price then it should be a success.
Is level-2 data of the pre-open market is valid or else they showing it randomly?
Is level-2 data of the pre-open market is valid or else they showing it randomly?
We just relay what exchange streams. Also, during the pre-open session 09:00 to 09:08 AM is just an order collection. So, offers and bids can be random. Orders are matched at 09:08 AM, and equilibrium is achieved after this forward. Go through this thread to know more about the pre-open session equilibrium price.
Also, during the pre-open session 09:00 to 09:08 AM is just an order collection. So, offers and bids can be random. Orders are matched at 09:08 AM, and equilibrium is achieved after this forward. Go through this thread to know more about the pre-open session equilibrium price.