Hence if I see a huge order
on bid side, I used to sell some lots and immediately scalp off a a couple ticks.
So now you can sell the ETF down more than 1 % because although NAV moved only 1 %,
the bid side dropped more.
If any bond you wanted to sell is either offered only, or down more than a point on
the bid side, but HYG or JNK have barely budged, you sell them.
I can't say I know everything about the underlying details, but from what I understand, your limit buy adds to
the bid side of open orders, and one possibility is that someone placed a market order to sell when the bid price for the stock fell to $ 10 which was matched to your open limit order.
I'd also want to know when HE realized there was trouble, that you can't always unload $ 150 million worth of mortgage - credit paper on
the bid side.
it gets converted to a limit order at the last best price, i.e., a new limit order on
the bid side for a price of 100.75 and a volume of 40 (seems a bit unlikely but logically possible...)
It's strictly on
the bid side (savings deposit rates, CD rates, interest checking rates, etc) that you see a wide variation in the interest rates paid to depositors.
The order is placed on
the bid side of the broker's order book.
There's several ways to achieve that but a very simple one is to look at the minimum bid level for which
the bid side is willing to take all of your shares, then place a limit order for the total quantity at that price.
So your order would be on the ask side and would need to be matched up with a price on
the bid side for there to be a trade.
People who work on bids, «whether on the solicitation - for -
bid side or the preparation - of - bid side,» frequently «reuse» the same content in their documents, says Roy Lasris, president of Innovative Software Products of Virginia.