TBT data gives you real-time updates on all open orders, offering a more detailed view of market depth beyond the top 5 levels seen in snapshot feeds. This allows you to precisely see your order rank and the number of orders ahead of yours, helping you better estimate how likely it is that your trade will be executed. This can optimise your trade placement for both buying and selling.
How to access tick-by-tick (TBT) data enhance my trading strategy?
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