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Real-Time Trading Applications
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Charting, Screening, Alerts, & News
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Market Overview Applications
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Other Market Data Applications
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Pricing
The Level II Viewer is available for a 14-day free trial. 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. If your trial period spans two calendar months, you must pay the exchange fees for both months.
Overview
The Level II Viewer brings NASDAQ's Market Makers 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.
Click here for a Level II FAQ
Features
- 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.
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