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Strategies & Market Trends : Level II Trading

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To: ExCane who wrote (222)2/25/1998 6:10:00 PM
From: Dan Duchardt  Read Replies (3) of 1086
 
Alex,

They show the best bid, and best ask, with number of shares at those prices for each ECN. If the ECN is one sided (no bid, or no ask), they only appear on one side, and if there is no bid or ask, they are absent. Level 2 does not let you "peak inside" the limit books by showing you bids/offers at other levels.

Dan
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