Real-time view of best bid and ask prices, allowing precision monitoring of order book liquidity and spread dynamics.
The Berkindale Top of Book module, also known as level 1 data (Best Bid/Offer) provide all top bid, bid size, top ask, ask size, last trade price, trade volume and timestamp data for exchange traded products. This information is critical for traders and investors to make informed decisions about buying and selling securities in capital markets. Trading decisions can be improved by understanding market mood by monitoring the order book.
Bid size: The number of contracts at Traders are trying to buy at the bid price. Ask price: The lowest posted price trailers over the seller contract also called the “offer price”. Ask size: The number of contracts being sold at the asking price. Last price: The price at which the last transaction occurred. Last size: The number of contracts involved in the last transaction.
Explore how this product delivers value.
Access real-time information on the current best bid and ask prices for a security. Traders and investors use this information to make informed decisions about buying and selling securities.
Execute trades automatically based on predefined rules. Use the best bid and ask prices to determine the optimal time to execute trades.
Monitor market volatility and assess the risk associated with a particular security or portfolio. Risk managers use this information to adjust their trading strategies and minimize potential losses.
Conduct market research and develop trading strategies. By analyzing historical top-of-book data, analysts can identify patterns and trends in the market and make informed predictions about future price movements.
Monitor trading activity and ensure compliance with market regulations. We provide a complete market picture, including trading volume and price movements, which regulators use to detect and investigate suspicious activity.