APPENDIX 1B – CHART ILLUSTRATING MARKET DEPTH OF MR COSCIA’S LARGE LAYERED ORDERS
based on the example of Mr Coscia’s trading in the Final Notice and at Appendices 1 and 1a.



-350

-150

0

0

Lots buy/sell

Time (milliseconds)

All market sell order volume within 5 ticks of best offer
Mr Coscia's sell order volume

All market buy order volume within 5 ticks of best bid
Mr Coscia's buy order volume

0

350

316

Lots buy/sell

Time (milliseconds)

All market sell order volume within 5 ticks of best offer
Mr Coscia's sell order volume

All market buy order volume within 5 ticks of best bid
Mr Coscia's buy order volume