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Strategies & Market Trends : Level II Trading
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To: Diddlysquat who wrote (1051)8/4/1999 10:16:00 PM
From: Harold Feller  Read Replies (1) of 1086
 
Hello diddly;

Level 2 shows open limit orders. GTC's and AON's may not be showing.
In a fast market(heavy trading volumn)many orders move so fast they may not be shown. Of course market orders are/should be executed immediately. Maybe some day all mm's will show all trades waiting to be bought n sold such as Island ECN. Anyway, it is just a glimpse of the market. A trading tool. Heres Island ECN (Level 2 Screen name: ISLD) isld.com
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