Glossary · D
What is DOM (Depth of Market)?
A ladder display of resting limit orders at each price above and below the market, usually with the ability to place orders directly.
In context
DOM stands for depth of market. It is L2 data drawn as a vertical price ladder. Each row is one price. On gold futures (GC) and micro gold (MGC), each row is one tick, the minimum price increment of $0.10. Recall the money value of a tick: $10 per contract on GC (100 troy ounces) and $1 per contract on MGC (10 troy ounces). Always re-check the current specifications on CME's website, because exchanges do change them.
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