Trading between describes a print which is at a lower price than the best ask and higher price than the best bid at the time of the print. This often indicates a price negotiated as part of a large order; small orders will typically take place at exactly the bid or ask price.
Our analysis often compares the price of a print to the price of the best bid and ask at the time of the print. For small orders, trading between makes us very confident of the price trend, because all available information is saying the same thing. For block trades, however, this is actually an unusual event. Block trades typically trade above the ask or below the bid.
We offer the following alert types which are related to this topic. Click on the icon for a detailed description of the alert, or click on the example link for additional samples of each type of alert.