Tick-by-Tick (TBT) data provides real-time updates on all open orders, offering a comprehensive view of market depth beyond the top five levels typically visible in snapshot feeds. This detailed information allows you to:
1. Monitor Order Position: Precisely track your order's rank and the number of orders ahead, enabling better estimation of execution likelihood.
2. Optimise Trade Placement: Utilise accurate data to strategically place buy and sell orders, potentially improving trading outcomes.