[rightbyleft]

the ladder shows limit orders,
sellers above the last price
buyers below the last price

what about the limit orders
of buyers ABOVE the last price
and sellers BELOW the last price?

any way to get that info or infer it?

thanks for any help.

[NetTecture]

No, because they CAN NOT EXIST.

If you want to BUY with a limit HIGHER than the last price... you get.... EXECUTED. Nothing is left to be put into the ladder.

[diablo272]

Yes, the exchange (at least Globex) does not allow for the orders that you're describing.

[NetTecture]

It is not an exchange decision. It makes no sense from the beginning.

A limit order higher than the current prices will logically - regardless of exchange regulations - execute. It is non-sensical for it to exist longer than it takes to match it.

[rightbyleft]

Originally Posted by NetTecture »

No, because they CAN NOT EXIST.

If you want to BUY with a limit HIGHER than the last price... you get.... EXECUTED. Nothing is left to be put into the ladder.

perhaps i should rephrase, as open orders, like stops, buy stop, sell stop.
another example would be oanda 'open orders' that show all resting orders
above and below the current price. that type of info.

[NetTecture]

Trigger orders (stop, market if touched) are not part of the market util the trigger is triggered an thus are not visible.

Please alos note that you may not see the total orders. Iceberg orders - either even by the exchange, or the trading framework - may be part of that.

What is that?

Buy 100 cars, show maximum 10

Buys: 100 in lots of 10. Some exchanges support that, some trading frameworks (Zen-Fire, Rithmic - ZenFire only when using the RIthmic Api) support that automatically.