This is Chandan here, as some of you, even I am new to this Trading Technology. Was going thru some of the threads posted here and they are really interesting.
I have a query on the "Market Depth" term. When ever I click on the Market Depth tab, I would see the following details:
1. Best 5 Ask
2. Best 5 Bids
3. Total Bid Qty
4. Total Ask Qty
5. O
6. P
7. H
8. L
9. Total Qty
10. Avg. Rate
Can any one help me in figuring out what these actually mean in layman language.
I am sorry, this might be a very silly question, but I would like to know on this.
Thanks,
Chandan