What Are Time and Product sales?
Time and product sales, or T&S, show amount, price, trail, date, and time wisdom for every trade that is accomplished on an industry. Time and product sales knowledge is frequently provided as a real-time wisdom feed of industrial orders for a security.
Key Takeaways
- Time and product sales log the time-stamped transaction details for all purchasing and promoting process in a listed protection.
- Time and product sales wisdom is most often public knowledge, with real-time wisdom products and services and merchandise providing feeds to consumers and investors.
- Time and product sales wisdom is frequently scrutinized by way of consumers practicing technical analysis.
How Time and Product sales Art work
Time and product sales wisdom provides an intensive account of shopping for and promoting process for a decided on protection or market. From a historical standpoint, time and product sales are comparable to finding out an old style ticker tape for an individual stock. Today, it is disseminated as a real-time.com” target=”_blank” rel=”noopener” title=”time” data-wpil-keyword-link=”linked”>time digital display, most often comprising trade amount, price, trail, date, time, and industry for every trade.
Time and product sales wisdom is most forever accessed by way of a purchasing and promoting platform and is displayed throughout the time and product sales window. The window displays a working tally of trades for shares of a chosen stock in a table format. Each and every of the main components of time and product sales is arrayed in columns, akin to this point/time, price/trade, and amount. The rows of information are frequently color-coded as a way to indicate whether or not or now not the trade came about on, in, or outdoor the bid or ask. Many purchasing and promoting platforms nowadays allow investors to customize the display of time and product sales wisdom, for instance, by way of together with amount or price filters. It is frequently used in technical analysis.
Some form of time and product sales wisdom frequently turns out on the ticker tape. Each and every get right of entry to on the ticker tape displays the stock symbol (indicating which company’s stock has been traded), amount (collection of shares traded), the price in step with share at which the trade was accomplished, an up or down triangle showing whether or not or now not that price is above or underneath the previous purchasing and promoting day’s closing price, and each and every different amount showing how so much higher or lower that trade’s price was than without equal closing price.
Once when it comes to a genuine tape of paper with time and product sales wisdom printed onto it, virtual ticker tapes nowadays use green LEDs or font color to suggest the following purchasing and promoting price and pink to suggest a cheaper price (blue or white to suggest no trade). Forward of 2001, purchasing and promoting prices have been displayed in fractions, alternatively since 2001, all prices are confirmed in decimals.
Example
For instance, time and product sales wisdom would indicate {{that a}} acquire order for +100 shares of XYZ stock was made on the NASDAQ at 12:31:54 EST for $65.84, which is 1 cent higher than the previous trade.
How Buyers Use Time and Product sales Data
Buyers practice a large number of different strategies and gear when deciding which stocks to buy and advertise. Those using elementary analysis attempt to unravel the intrinsic worth of a company by way of examining their financials, while investors using technical analysis attempt to forecast prices by way of plugging price movements and purchasing and promoting amount into statistical models. One technical analysis technique used by investors involves inspecting time and product sales wisdom.
Using time and product sales wisdom complements using charts and graphs for estimating share price movement. For instance, bar charts and candlestick charts show purchasing and promoting ranges for a given period of time together and are used to seem, for instance, care for, double bottom, and Hikkake patterns. This provides a big view of price and amount characteristics. When coupled with the additional granular trade knowledge from time and product sales, the investor can create a additional detailed symbol of a security’s characteristics.
Buyers can use time and product sales wisdom to unravel whether or not or to not execute a trade of their own. The collection of wisdom updates that arrive from real-time feeds can catch amateur investors off guard. One initial method is to have a look at the trail, amount, and price for a temporary period of time as a way to get a in reality really feel for problems. At this stage, the investor can seek for quite a lot of different cues, along with spikes in amount or the most important trade throughout the collection of trades. Buyers using a time and product sales wisdom manner will more than likely have additional success with stocks that have robust amount.
