Want to know what does Bids and Ask values means

zash121
zash121 edited July 2018 in API clients
'depth': {'buy': [{'quantity': 1, 'price': 150.1, 'orders': 1},
{'quantity': 81, 'price': 150.05, 'orders': 4},
{'quantity': 201793, 'price': 150.0, 'orders': 28},
{'quantity': 759, 'price': 149.95, 'orders': 9},
{'quantity': 4843, 'price': 149.9, 'orders': 5}],
'sell': [{'quantity': 116, 'price': 150.15, 'orders': 1},
{'quantity': 435, 'price': 150.2, 'orders': 1},
{'quantity': 451, 'price': 150.25, 'orders': 4},
{'quantity': 571, 'price': 150.3, 'orders': 6},
{'quantity': 4353, 'price': 150.35, 'orders': 3}]}}
  • rakeshr
    @zash121
    Below are parameter description for Bid and ask:
    Bid/Buy quantity - it means price that buyer is ready to pay for any stock or commodity.
    Ask/Sell quantity - it means price at which seller is ready to sell any stock or commodity.
    Bid/Ask price - Price at which buyer wants to buy, bid/buy number of quantity of stock or commodity
    Ask/Sell price - Price at which seller wants to sell stock , ask/sell number of quantity of stock or commodity.
    Orders -indicate the number of orders pending at that particular price on the exchange
    For more detail, you can go through, Bid and Ask section of this material on Varsity.
    And in APIs, you get top 5 bids and ask price values, as shown above, by you.
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