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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?


To: ToTradeWell who wrote (20902)1/18/2001 10:14:48 AM
From: Louis V. Lambrecht  Respond to of 100058
 
ToTradeWell - re:Level II and Island
go there quotezart.com
amd ask him
Member 7268733



To: ToTradeWell who wrote (20902)1/18/2001 10:43:39 AM
From: manfmnantucket  Read Replies (2) | Respond to of 100058
 
2tradewell - it depends on which stocks you want to trade
and how accurate you need your data.

The Island ECN handles roughly 10-15% of the total volume of the NASDAQ. So for all stocks,
the prices and orders you'll see on Island will always be
an approximation.

However, many of the higher volume stocks (eg NAS 100)
do a significant percentage of their volume on Island.
For example, JNPR does 1/3 on Island and CSCO even more.

For those stocks, Island will be a pretty good approximation.