Time & Sales | Trading Lingo
Time & Sales | Trading Lingo
05-18-2025, 03:31 PM
Next to the Level 2 Window is typically a Time & Sales Window. This will show every transaction that occurs and will list the price, the shares, the route, and the time. This transactions will appear red if they occur at the bid price, green if they occur at the ask price, and white if they occur in between the spread. Remember that the market is a closed system, every buyer has a seller, and every seller has a buyer. We consider transactions “sales” or “buys” based on the whether the transaction goes through at the bid price or the ask price.
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