Ask minus Bid:
A positive numbers represent more transactions occuring on ASK side than on BID side.
This in theory may mean more buying than selling, but in practice things are largely dependent on security traded. Esp. dark liquidity pools do not show in order books and may report trades to the tape several seconds later thus invalidating relationship between bid/ask and actual trade prices.
A positive numbers represent more transactions occuring on ASK side than on BID side.
This in theory may mean more buying than selling, but in practice things are largely dependent on security traded. Esp. dark liquidity pools do not show in order books and may report trades to the tape several seconds later thus invalidating relationship between bid/ask and actual trade prices.
Thanks in advance !!