Volume : Volume is how many contracts have traded in a market, over its life or over a period such as the last 24 hours.
What it means
Volume is how many contracts have traded in a market, over its life or over a period such as the last 24 hours.
Example
A market with 2 million contracts traded today is getting a lot of attention; one with 50 contracts traded may have stale prices.
Practical tip
High volume usually means prices react quickly to news. Use 24-hour volume to spot what's active right now.
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