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mimurray

06/04/10 2:48 PM

#16187 RE: EDWARD STEVENSON #16182

I know level 2 shows you a lineup but it's not specific to each order. It typically shows the MMID and then a bid or ask size of 5000 or 1000, it doesn't ever get specific right down to the size of an individual traders order. Yesterday I bought shares of 183000 and then more for 36500 those orders didn't show up on level 2 screen. They did however show up on the Time and Sales screen once the orders execute. The 183000 share trade printed with another order, it wasn't by itself.