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Re: lev1111 post# 4398

Thursday, 09/12/2013 3:30:56 PM

Thursday, September 12, 2013 3:30:56 PM

Post# of 33032
You can only see just the "best" bids and asks from each MM, not "ALL" the bids and asks.

When orders are placed, they are placed through many different market makers and other market participants. Level II will show you a ranked list of the best bid and ask prices from each of these participants


http://www.investopedia.com/articles/trading/06/level2quotes.asp

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