dbyrt
70 posts
msg #56196
- Ignore dbyrt
modified |
10/30/2007 2:18:12 PM
Does anyone know of the best Nasdaq Level 2 data provider?
I've tried several and run them next to each other, and they're all showing different bids/asks !!! Some are missing some market makers and have others. You have to look at all three to get some kind of complete picture, and then, they still seem to missing some!!
Anyone know of a complete level 2?
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dbyrt
70 posts
msg #56239
- Ignore dbyrt
modified |
10/31/2007 7:08:59 PM
I guess people aren't using Level 2 access!!
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TheRumpledOne
6,411 posts
msg #56240
- Ignore TheRumpledOne |
10/31/2007 7:20:44 PM
I have Level II from TradeStation, Ameritrade and MB Trading.
If you are trading fast moving stocks, you need more than one feed in case one is lagging.
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dbyrt
70 posts
msg #56261
- Ignore dbyrt
modified |
11/1/2007 7:25:40 AM
Thanks TRO.
Yea, I've found that some days one will lag a bit, but the bigger concern was that each one has different buyers/sellers listed, so you have to mentally construct the complete picture. On some, my own bids/asks don't show up! Which is a bit concerning!!
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Dan-o
19 posts
msg #56285
- Ignore Dan-o |
11/1/2007 3:29:19 PM
If you are trading bulletin board stocks, the market maker is not required to display your order on Level 2. Sometimes they will display it, sometimes they won't. You can always call your broker and have them request that the market maker reflect your order. They are not required, though.
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dbyrt
70 posts
msg #56296
- Ignore dbyrt
modified |
11/1/2007 5:26:28 PM
Thanks.......actually these are not OTC stocks, but Nasdaq.
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