What is TBQ and TSQ? — Best Answer & Example Updated 2021
Many traders while they start trading heard some new short forms for the first time. When experts use short terms like TBQ and TSQ, newbie traders remain in confusion & think what is TBQ and TSQ?
Let’s understand the meaning of TBQ and TSQ, also the example related to these two terms.
What is TBQ ?
Full form of TBQ is Total Buy Quantity or Total Bid Quantity in the stock market. It’s the total of all active buy orders on the exchange for a stock. You can see this in your trading app, once you click on the market depth.
Most apps show 5 top buyers. However, you can even see more by a click on view 20 depth in some of the apps. It only depends on the brokerage firm what kind of features they are offering.
For More clarification you can check the below image.
What is TSQ?
Full form of TSQ is Total Sell Quantity in the stock market. It is also known as TOQ Which means Total offer Quantity. It is just Opposite of TBQ as It is the total of all active sell orders on the exchange for a stock.
You can also see this in your trading app, once you click on the market depth. Mostly apps show 5 top sellers. However, you can even see more by a click on view 20 depth in a few of the apps.
It only depends on the trading app what kind of features they are offering.
After understanding what is TBQ and TSQ? let’s checkout how it changes.
Originally published at https://profitmust.com on May 17, 2021.
