GM of NEPSE: Market Depth available on Nepse webpage from Sunday

Nepal Stock Exchange Limited (NEPSE) will be introducing market depth from Sunday.

Sita Ram Thapaliya, General Manager of NEPSE, said, “We are trying to introduce market depth on December 27 (Sunday). If there are no technical problems than the market depth can be seen in Nepse webpage from Sunday.”

As of now the market depth has been available to the brokers only. Now, the investors will have access to Market Depth from Sunday if everything goes as planned.

Market depths is an electronic list of buy and sell orders, organized by price level and updated to reflect real-time market activity.

It provides information such as number of units of shares available to purchase at a certain price. It also shows price, the buyer is willing to pay for certain units of shares.

All of this information can be useful to traders because it shows not only where price is now, but where it is likely to be in the near future. As market depth is in real time, it changes constantly throughout the trading session.

Market depth also shows the size of an order needed to move the market price by a given amount. If the market is deep, a large order is needed to change the price.