Platforms and automation · Rookie
Market data
What does Market data mean?
Market data is information such as quotes, executed prices and volume used to observe a market. Real-time data and delayed data can produce different trading experiences.
Example
A price feed updates the bid and ask while the dashboard updates account statistics less often.
Illustrative example; not a provider’s quoted offer.Why it matters for prop traders
A displayed quote does not guarantee that an order can be filled at that exact price.
Sources and further reading
The following primary sources support the terminology. Provider rules describe their own products and may change.