Step 2 of 6 in First steps for an investorCourse outline →
Order book
The table of live buy and sell orders together with their volumes.
How to read the number
It shows how many securities buyers and sellers are ready to trade right now, and at what prices.
When the metric lies
Also known as: order book, depth of market, level 2
Related terms
Next step in First steps for an investor · glossary termSpreadThe gap between the best bid and the best offer.Read next →
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