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Poot Poot

07/06/05 9:17 AM

#133740 RE: HighRad Rider #133738

Welcome HighRad....

They are the Level 2's
The first is the # of Market Makers on the bid with the bid price.
ex... 2x.0017
The second is the # of MM's on the ask with the ask price,
ex... 5x.0018

Good luck to you

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jacques0

07/06/05 9:19 AM

#133742 RE: HighRad Rider #133738

HighRad... Those numbers are from Level 2 (L2) displays. L2 shows the trading activity, broken down by individual market makers. In your example, 5x7 means that there are 5 market makers "on the bid", i.e., willing to buy stock from sellers at the current high bid price, whereas there are 7 market makers who would like to sell stock at the current high "ask" price.

Here is a link that explains it very well:

http://daytrading.about.com/cs/nasdaqlevelii/a/level_ii.htm