Market Depth, also known as Level 2 Market Data, allows investors to view up to 20 levels of buy and sell orders in SGX-listed securities, including stocks and ETFs, helping them gauge and derive at a suitable price when placing trades. Market Depth data also enables investors to enhance their trading decisions by allowing them to:
- Check Liquidity
- Optimise Orders
- Establish Demand and Supply (Support and Resistance)
The usual price is $21 / Month but now FSMone is offering it for free till 31st July 2020. The market depth is available for all SGX-listed Securities, Including Stocks and ETFs.
This is how Market Depth looks like when you check on a particular stock.