Buy Bid This refers to the action and the position of the trader.
Buy Bid A Bid is an offer made by an investor, a trader or a dealer to buy a commodity or option. The bid will stipulate both the price at which the buyer is willing to purchase the contract and the quantity to be purchased.
The Buy Bid command button purchases the contract at the bid price.
To display this command on the DOM, check the box under the Options Tab in the DOM Setup window. Refer to DOM setup in this document.
This is a purchase of a certain commodity or option at a certain date in the future at a pre-set price. Refer to the green column on the left of the DOM.
This command displays as the bold figure in the grey column as the last price.
This is the sale of a certain commodity or option. Refer to the red column on the right of the DOM.
The price a seller is willing to accept for a commodity or option, also known as the offer price. Along with the price, the ask quote will generally also stipulate the amount or quantity of the contract to be sold at that price.
The Sell Ask command purchases the contract at the price the trader accepts.
Available Lots-These figures display in bold white font for either Bid of Ask columns.
Market Price Increments-These figures display in the grey center column. Click on the column directional arrows to move the rows up or down.
Bid/Ask Quantities –These amounts display in the white columns.
Green Bold Dollar Amount –This price displays as the last Bid price.
Red Bold Dollar Amount-This price displays as the last Ask price.