0
votes
0answers
36 views

Better formula than midpoint? [duplicate]

For fair market value one formula is to take midpoint of bid and ask. Is there a better formula that weights the bid size and ask size ? For example if stock A is trading at bid size 2000 at 10.10, ...
-2
votes
1answer
251 views

Order book depth views preferences: order-by-order vs. total aggregated volume by price levels

Which is best? Or is it irrelevant? Hi! Considering Level 2 Data (Market Depth), I want to understand the advantages to have all the order book on an order-by-order basis (or tick-by-tick basis) ...
2
votes
1answer
722 views

What exactly is an ISO order?

I have been looking this up and I feel like I keep running into different definitions. My understanding is that an ISO order is one which will get filled with the displayed quantity in a particular ...