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What is Market Depth?

April 26, 2017depth market

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What is Market Depth?

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Market Depth is a tool widely used by stockbrokers and market professionals. The Market Depth facility shows a snapshot of live information of the queue of buyers and sellers up to 10 price levels deep for securities on the ASX (with the best prices and their volumes at the top of the screen). By better understanding the ‘market’ of buyers and sellers, investors are in a better position to optimise the prices at which they place trades.