5 ms·

Just in case anyone has time to help me out: What's the difference between trades and quotes here in this chart? And how are the trader's order and purchases i

• sklivvz1971 12y ago
  A quote is a statement that someone is offering to buy or sell a specific quantity of shares/commodities at a specific price: "I want to sell 10g of gold at 40$ each". Typically the identity of the trader is known only to the exchange (and the trader ) A trade is an announcement that an offer was accepted and a contract was agreed on. "10g of gold have been sold at 40$ each". The identity of the traders is typically known only by the exchange, and each of the trader knows they are part of it, but don't know the counterparty.