Market Depth

Market Depth ("The Book") provides a quick snapshot of the current list of working orders at various price levels electronic contracts traded on the CBOT real-time exchange. It provides a side-by-side view of buy and sell orders or Level 2 data for futures markets, giving you insight into the depth of liquidity in a given market.

Market Depth

The top row is the "Top of the Book", with the best bid and ask price for the instrument. The left two columns show bid prices and sizes, and the right two columns show ask prices and sizes. As you go further down the rows, the prices get farther away from the current market price. This view gives you an simple overview of where the order activity is happening in the market, and can provide some insight into which direction the market is moving.

The panel allows you to toggle between two views, where bids and asks are displayed side-by-side, or where they are stacked in descending price sequence. The stacked view contains the same bid and ask data, but provides a different visualization into the current shape of the market.

Another way to view the current market state is with the Market Depth Ladder.

Note: Market Depth is available only as an add-on and only for electronic contracts traded on the CBOT real-time exchange.

Add Market Depth

  1. Click the + button, found on the bottom right of the application. From the Futures grouping in the panel chooser, click Market Depth.
  2. A preview window appears. If desired, change the view or symbol.
  3. Click Add to Workspace.

    : If this is the first panel added to the workspace, the panel will automatically fill the entire workspace. If it is not the first panel, you must choose a position on the workspace where the panel will reside.

    As you move your cursor over the workspace, you will be able to preview the available positions where you can drop the panel into place. The workspace can be split either horizontally or vertically to create space for the new panel.
  4. Click the position on your workspace where you want to drop the panel.

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