What is the difference between MBP-Total Market and MBP- Preferred Market?
• MBP – Total Market: MBP-Total Market displays the Total Market’s best five outstanding order prices and quantity available (which are derived by consolidation of orders at the respective prices) in respect of each price. • MBP – Preferred Market: MBP-Preferred Market displays the Preferred Market’s best five outstanding order prices and quantity available (which are derived by consolidation of orders at the respective prices) in respect of each price. Bid or Offer orders can be placed by double clicking on any of the rows in the MBP- P i.e. dealer can hit the market. If the dealer clicks on the bid side, offer order is placed and vice versa. If dealer clicks on the third order from the top on the bid side then an offer order is placed with price of that row and quantity as sum of the quantities of 1st, 2nd and 3rd rows.
