Individual Market Events

June 9, 2017
by VXfintech

Category: Market Activity

Have you ever seen a market action down to the individual events that make it up? In the image above we see that in just 250 milliseconds 12 new orders are placed, 17 orders are deleted, the quantity changed on two orders, and finally, one trade occurred with a volume of five. 

Here's what each of these "market events" really mean: 

New Orders: an order has been added

Deleted Orders: an order has been deleted

Quantity Change Order: the quantity for the order has been changed

Trade: an order has been filled