Which category has a maximum depth of 10?

Which category has a maximum depth of 10?

• A. Swiss Blue Chips
• B. Derivatives
• C. Investment funds
• D. Bonds

Answer: (C)

Depth in market data reflects how many price levels of bids and asks are shown for an instrument. On SIX, the amount of depth available varies by product category. Investment funds are configured to display up to ten levels of depth, which is why this category can have a maximum depth of ten. This greater depth helps reflect the range of prices at which funds might trade, given their liquidity and how quotes are published, while the other categories typically have fewer depth levels due to their different liquidity profiles.

Depth in market data reflects how many price levels of bids and asks are shown for an instrument. On SIX, the amount of depth available varies by product category. Investment funds are configured to display up to ten levels of depth, which is why this category can have a maximum depth of ten. This greater depth helps reflect the range of prices at which funds might trade, given their liquidity and how quotes are published, while the other categories typically have fewer depth levels due to their different liquidity profiles.