I am watching MVV realtime BID/ASK transactions.The bid right now is 31.29 with many shares biddingin the $31 range.The ask is 31.34 with many shares asking over thatvalue.BUT the transactions that are happening are in the $30 range the last being 30.86.I always thought that a market buy order would fillat the ask and a market sell order would sell at thebid.What is happening here? Is is different with ETFs???Tom Worden
I thought that was strange too. When I was buying a stock and the same thing happened. Maybe there is a time differetial between what we see as bid and ask?
Seems to be a problem with my E*Trade Pro realtime program. The price is updating but the bid/ask prices are not.
I believe the reason is that this spyder index tries to follow the actual midcap futures market. My buddy owns a seat and has the ability to trade 24-7 and gets very different prices than we do after hours.