NASDAQ Level II
See Also: NASDAQ Level II Preferences
NASDAQ Level II windows in Investor/RT show the current bid/ask and bid/ask sizes for each market maker for a particular NASDAQ stock. The window updates tick by tick as trades occur and as level II data arrives on the data feed. Current market data including the bid tick indicator are displayed at the top of the window.
The market makers on the bid side are listed on the left side of the window ordered
from best bid (highest bid) descending. The market makers on the ask size are listed on
the right side of the window ordered from best ask (lowest ask) ascending. The first five
levels of bid/ask prices are color coded with all market makers bidding or asking the same
price have the same color code.
To view NASD Level II for a particular NASD stock, right click on the ticker symbol in any quote page, portfolio, or instrument selector list and choose "NASDAQ Level II" from the popup menu. On Macintosh, use command-click to access the menu.