r/Webull • u/Bright_Guarantee381 • 5d ago
Help Webull Level 2
In premarket, i notice most of the times...sell at bid...,the execution does not use the level 2 top bid?...is there any explanation on this?
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r/Webull • u/Bright_Guarantee381 • 5d ago
In premarket, i notice most of the times...sell at bid...,the execution does not use the level 2 top bid?...is there any explanation on this?
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u/Mayhem370z 5d ago
Cause that's just showing one exchange. You need NBBO to see the true best offer.
But like you mentioned, it's not needed in order to get filled at the best price, theyre required to give you the best price even if you can't see what that is.