Questions tagged [time-and-sales]

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Level 2 manipulation: types and how to spot

I've heard in quite a few trader interviews and trading videos to be wary of manipulation tricks used in Level 2 (Depth-of-Market [DOM] and Time-of-Sale [TOS]) to deceive "retail" traders, yet I have found very limited resources detailing the types…
Dustin
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Live market data confusion

I have been exploring different data packages for a while and I learned that simply level 2 means top of the book (best bid/offer) for a specific exchange. In order to see other “worse” bids and offers for each exchange, one has to get a specific…
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Indications of Buy or Sell to Open -- Time and Sales Window

I am using Thinkorswim trading platform and came across something I do not understand. The options chain is as seen below with 10 open interest and volume of 315 at strike 55, (added: bid ask spread: 0.40,1.10): However, the 315 volume breaks down…
Sauron
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Sometimes the Time & Sales shows trades in between the bid and the ask. How is that possible?

White prints on the Time & Sales means that a trade happened in between the bid and the ask. How is that even possible? The only two answers that come to my mind are. There was a hidden order in between the bid and the ask which got executed. The…