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 Q&A on Stock Market V2, General Question On Stock Market

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yezhi
post Jun 10 2015, 11:55 AM

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Hey guys, newbie/noobie here. Just opened an account in uobkh. Wonder what are these when I clicked the buy button ;

eg;
1.860 Best Sell Price
1.850 Best Buy Price
1.840 2nd Best Buy Price
1.830 3rd Best Buy Price

Why does it different prices? Which should I choose when I want to buy the stock? and what does it mean?
yezhi
post Jun 10 2015, 01:12 PM

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QUOTE(fyh30 @ Jun 10 2015, 12:27 PM)
1.86 will be the current selling bid price from seller

1.85 will be the current buying bid price from buyer

1.84 will be the 2nd buying price from buyer ( when the current buying bid price is done, the 2nd buying price will turn to current buying bid price )

1.83 will be the 3rd buying price from buyer ( when the  2nd buying bid price is done, the 3rd buying price will turn to 2nd buying bid price )
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Sorry, I'm still a bit blur about this. So if I want to buy, which one is the best option? and when do the current buying bid price is done?
yezhi
post Jun 10 2015, 02:15 PM

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QUOTE(fyh30 @ Jun 10 2015, 02:05 PM)
Easy saying.. if you want to que for your buy order to matched then u q in the price of the best buy list... if you do not want to que then you might as well straight take the seller bid.
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I see.. Is there any expiration for que?
yezhi
post Jun 10 2015, 02:33 PM

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QUOTE(fyh30 @ Jun 10 2015, 02:21 PM)
expired at the end of the day... after 5pm..
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oh.. if can't be matched then can't get back the money lo? Sorry for asking too much doh.gif
yezhi
post Jun 10 2015, 02:54 PM

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QUOTE(fyh30 @ Jun 10 2015, 02:51 PM)
Your amount wont be deducted as long the transaction didnt managed to go through.
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Alright... thanks for the explanation thumbup.gif

 

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