RE:RE:RE:RE:RE:RE:Finally a SourceI don't place my orders in based on bid and ask. I accumulated a huge position by leaving my orders in for a long time at specific price levels.
BlackHawk7 wrote: skott4gold, I think you may have missed the point. I don't say that to be critical, just trying to shed a little light on the original purpose of presenting that information.
You can not get level 2 info on IRVRF. You had previously stated that you put a buy order in at .76 I think it was and it didn't get filled. I know that when you put that order in you were flying in the dark because you had no idea what the bid and ask was and so you had to guess at where to put in your order- right ? The purpose of showing the CSE is so that you can at least get a ballpark idea of where to put your U.S. orders in based on what you see on the Canadian Exchange.
By the way I have known market makers and the 5000 share example is very clear to me. They ususally have a standard size they show because they are mostly likely representing thier own book rather than showing orders from clients and yes they may well have a lot more size behind the public order but they are not going to tip their hat all at one time. So that is very typical. Once the client orders exceed their standard size then you will see larger orders represented. I hope that helps.