Money.net | The Leading Provider of Online Investor Subscription Services

General Help

How Do I Sign Up?
What Are the Exchange Fees?
How Do I Contact Customer Service?
How Do I Contact Technical Support?
How Do I Login to the Screamer and/or the Other Services?
Browser Requirements Macintosh Help
Forgot Password

What's New?

FAQ's

Market Mosaic Help and FAQ Screamer FAQ
Screamer Help
Nasdaq Level II FAQ
NYSE OpenBook FAQ
What is Nasdaq TotalView-SuperMontage?
Symbols FAQ

Futures

Futures General Info
Futures Specifications
Common Futures Symbols
NQLX Single Stock Futures (SSF) Help
Single Stock Futures (SSF) FAQ

Customer Support
1-888-860-4800

Nasdaq Level II FAQ

Money.net now brings you the most advanced real time market data feature available for today's investor. The new Level II system allows you to see what the pros are seeing!

What is a Level II Quote?

What are some of the Features of this Level II System?

What do the different colors represent?

What is the cost of this service?

1. What is a Level II Quote?

The Level II Viewer brings NASDAQ's Market Maker information alive by displaying all Market Makers for a given security, a must for all professional U.S. equity traders, as well as non-professional Day-Traders.

2. What are some of the Features of this Level II System?

Price Distribution Bar: The Price Distribution Bar graphically displays the relative number of Market Makers in each price tier compared to all of the outstanding bids or offers ("Insiders"). It will help give you an idea of what price dominates the market at the moment and is located just under the Level I price information (1st set of vertical color bars).

Volume Distribution Bar: The Volume Distribution Bar graphically displays the relative number of shares in each price tier compared to all the total volume of all outstanding bids or offers ("Size"). It will help give you an idea which price tier has the greatest volume and is located at the bottom of the screen (2nd set of vertical color bars).

Price Tier: A price tier is a group of bids or asks that are at the same price. The top 5 price tiers are color coded to group them together.

Field Definitions:

PMM: Primary Market Maker indication for NASDAQ Level 2.
UPC: NASDAQ UPC Indicator . "UPC" displayed indicates members may be required to close out short sales.
MMID: ID of Market Maker.
Insiders: will show a number of how many quotes are yellow or how many inside quotes there are.
Colors Changing: Yellow indicates a price closest to the Nasdaq market. Same prices have same colors. White indicates if the price is 6th closest or more from the Nasdaq Market.
Quote: shows an "R" which = an inside open.

3. What do the different colors represent?

Each color represents a various price point for the top bids and asks for the stock. Yellow indicates a price closest to the Nasdaq market. Same prices have same colors. White indicates if the price is 6th closest or more from the Nasdaq Market.

4. What is the cost of this service?

After free trial, $39.99 per month, plus $20.00 a month for exchange fees.
Exchange fees apply during the trial period and are non-refundable.

Powered by Money.net Business Solutions, the leading provider of professional-quality, customized market data and enterprise content solutions for investors, media companies, and financial institutions. For Sales Information: (212) 334-2000 x 155. Streaming Real-Time Market Data is available through our many premium services offerings and available to our licensing customers. Free data provided is delayed 15 minutes unless otherwise noted and is believed accurate but is not warranted or guaranteed by Money.net Inc. (except in the Screamer Real-Time Portfolio Tracker & Other Premium Subscription Services). NYBOT and NYMEX free data is delayed 30 minutes. All times are Eastern United States. Real-Time Market Data provided by Money.net Market Data Network.