medium · Order Flow Analysis order-book-dom

A trader is watching Corn (ZC) at 375.00 bid. The bid shows 45 lots. 380 total contracts trade into the bid over 5 minutes, yet the bid instantly refreshes back to 45 each time.

What is this?

  1. Aggressive buying
  2. Iceberg Order
  3. Stop-loss triggered
  4. Market Making Noise

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