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To: WVMayor who wrote (215)5/28/1998 5:47:00 AM
From: Malko  Respond to of 40688
 
A level 2 is a system that gives you Bid/Ask from the MM's as well as the complete list of all the MM's in a stock in real time.

My system is a good one. It costs me around $300 / month, I have my watch list with all my stocks, level 2 which tells me whick MM is on the bid and which MM is on the offer, It has a breakdown of all sales with time of sales.
I can log on in direct dial or TC/PIP through the internet. I have real time, no delay. It helps monitor the market when you are not a pro.
Regards,
Malko