Are the after hour market numbers often off?
Are the after hour market numbers often off?
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Alexis Wilke · External communityPost link
External question — Personal Finance Stack Exchange
Author: Alexis Wilke
Original post: https://money.stackexchange.com/questions/166047
License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/
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Here is an e-Trade sample of an order I placed.
I refreshed many times, but the order still says $11.75 as the Ask when my order has $11.68.
So to me it looks like my order is being ignored or at least not taken in account by the e-Trade display shown here.
Do you have a better explanation?
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0xFEE1DEAD · External communityPost link
External answer — Personal Finance Stack Exchange
Author: 0xFEE1DEAD
Original post: https://money.stackexchange.com/a/166049
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You sell at the bid and buy at the ask, which is why it’s not getting filled ($11.68 is above the bid of $11.16)
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Bob Baerker · External communityPost link
External answer — Personal Finance Stack Exchange
Author: Bob Baerker
Original post: https://money.stackexchange.com/a/166074
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An odd lot is an order for less than 100 shares.
The National Best Bid and Offer (NBBO) represents the highest bid price and lowest ask price for a security across all exchanges. It is based on round lots (multiples of 100 shares).
Odd lot trades are not included in the calculation of the NBBO and that is why your 20 share order isn't updating the NBBO quote. Because of this, there is often a large “inside” market where there are better prices relative to the NBBO.
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Quoted from Forex.com.bd-Editorial External answer — Personal Finance Stack Exchange Author: Bob Baerker Source score (net votes, not local likes): 4 Original post: https://money.stackexchange.com/a/166074 License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/ Adaptation: HTML converted to plain text; contact email addresses removed. An odd lot is an order for less than 100 shares. The National Best Bid and Offer (NBBO) represents the highest bid price and lowest ask price for a security across all exchanges. It is based on round lots (multiples of 100 shares). Odd lot trades are not included in the calculation of the NBBO and that is why your 20 share order isn't updating the NBBO quote. Because of this, there is often a large “inside” market where there are better prices relative to the NBBO.
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