Deep Blue Marine (DPBE)

[jrf30]

Yardboy,

I just want to give you some information, because you are printing something that you think is accurte, but in fact is not. I hope you don't mind the correction.

<<
L2 as follows

.015 x 4
.0165 x 1
.018 x 4
.02 x 1
>>

That is not really true. And here is why.

If the MM that is on at .015 also has orders at .016 or .017, they do NOT show on level II. The reason is that only the best bid (Highest) and offer (Lowest) show for each MM. So, for example, although you see that there are NONE at .019, there COULD be some more sellers there but they happen to be with the MMs that are already showing their best ask at either .015, .0165 or .018. If they were with a different MM, then they would show up now, of course, but if they are with the MMs with better asks, they would not show up.

I know that when you look at it you can't see it that way, but it is the way L2 works.

FYI.

NOw, let's see if we can move it to .03. .04 and .06 on L2 in the near future.