Level II Quotes
What are level II quotes? Level ll is a service consisting of access to
the quotations of individual market makers and various ECN's which
allows you to see the trades, bid and ask prices, and depth of the
market as they are being executed in real-time.
Level II Quotes will provide you with Real-Time Level II quotes via the
ARCA book including quotes, size, with bid/ask prices, market depth,
and time and sales at your fingertips. Although many traders already
have access to Level II quotes via their online brokers, the majority of
new traders do not have this feature with their standard software
package. This is an imperative tool and a must for any trader.