Tokyo Joe's Cafe / Societe Anonyme/No Pennies Message Board

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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

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To: QKAnd who wrote (27955)	12/14/1998 7:51:00 PM
From: Kimberly Lee	Read Replies (1) of 119973

The different exchanges you see on NYSE listed stock under RealTick III level 2 heading is really not the equivalent of Nasdaq stocks' level 2. The NYSE's equivalent to Nasdaq level 2 is called the specialist's book, available only to few professional traders. Essentially, there is no such thing as "level 2" screen for NYSE and AMEX listed stocks. RealTick III uses such heading as a convenient label to display different exchanges' bidding/offering activities.

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