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DaysOnTheBeach

08/19/08 1:09 PM

#14827 RE: JScott #14825

My Scot Level II doesn't report accurate order sizes for BB stocks, but I can see that an Ask of 1.40 is only five MMs down the list.


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08/19/08 1:10 PM

#14828 RE: JScott #14825

L2 is an approximation of the market. Each MM carries its own book. They'll only 'publish' bids/offers when it suits them.

And then only the prx is accurate not necessarily qty.