Not sure why the more permanent book on L2 lists the mms and their highest bid and lowest ask. My broker has them all listed as arca but when I had L2 on Ihub each individual mm had an identifying abbreviation. People knew which mm especially in penny stocks was controlling the book and price.
On my brokerage L2 (which is part of my account so I don't need to pay Ihub for L2), the rolling bid/ask then changes every few seconds depending on how much volume a stock trades and is a tighter spread... If you buy at market rather than limit if falls in between the tighter numbers, but they do not appear as real on the left side. The what I call real bid/ask left side gets wider after close.. indicating maybe end of day only and remaining GTC orders, but idk. Do anyone else's GTC orders remain after close, or do you know your broker's mm name and 4 letter abbreviation?
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