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Jim Bishop

09/20/05 1:37 AM

#27949 RE: allezlOM #18100

Re Level III quotations.

Level III

This quote platform is restricted to Nasdaq member firms who are registered Market Makers and to a number of large brokerage firms. It provides all of the Level II data but, in addition, gives Market Makers the ability to enter or change quotes, execute orders, and send out confirmations of trades.

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