On the Line price chart I see the last trade price was 18,26 with the volumes of 200. At the same time the best bid price is 18 and the best ask price is 18,29. I have placed an odd lot to sell 47 shares at 18,26, but it was not filled. How is possible that there were other trades with the price 42,26 but there were no bid? Cause if there a trade it means that somebody bought and somebody sold the share.

It was on the NYSE Exchange.

  • How many shares were listed for an ask of 18,29? Was your order listed as all-or-none? Did the 18,29 order go through before your order to sell for 18,26 was placed? What is the current ask price listed at? – Grade 'Eh' Bacon Sep 25 '17 at 14:34
  • There were 200 shares listed on ask 18,29. The order was not AON. I placed the order when there was 18,29 ask in the ladder table. But the most confusing thing is if there was a trade then somebody bought and somebod sold the security at 18,26. Why the there is no bid if somebody bought? – M. Mosby Sep 25 '17 at 14:44

Most likely, there was an ask at 18,26 which was completely filled by the prior trade. At that point, the new lowest ask was at 18,29, and your limit order at 18,26 would not be filled immediately, but would become the new highest bid price.

  • But later I see that lst trade price as 18,26. But according to the data from MD vendor there was no bid price. How`s that possible? – M. Mosby Sep 26 '17 at 8:20
  • 1
    Does the vendor show prior bids or just current bids? Once a bid is filled is goes off of the trade sheet, so you wouldn't see it anymore, but I may be misunderstanding your question.. – D Stanley Sep 26 '17 at 13:29
  • The Vendor shows current bids. It is clear that if the bid is filled it gows away. I have checked the charts in Bloomberg and see that the bid was never high as 18,26. But on the last trade chart i see prices as 18,26 and 18,28. So it means that somebody somebody bought and somebod sold the security at 18,26, isnt it? and there should be bid as 18,26? Thats what makes me confused. – M. Mosby Sep 27 '17 at 13:15
  • "the bid was never high as 18,26" so Bloomberg shows previous bids? Was there an ask as low as 18,26? The only way a trade can get filled is when a market order matches up with (or a new limit order overlaps) a current high bid or low ask. It could be a data error if Bloomberg wasn't tracking the bid sheet often enough. – D Stanley Sep 27 '17 at 13:18
  • Bid,ask and last trade prices are the same both in Bloomberg and the file i recived from MD vendor. The Best bid - 18, best ask - 18,29 and the last trade price is 18,26 at the moment. – M. Mosby Sep 27 '17 at 13:52

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