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This is for stock traders. ECNS and L2 data for stocks



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	This is for stock traders. 

	I have been following allot of volatile stocks with a level 2
system. Trying to learn how to read it. I found some very interesting
trends. For example Eggs. When eggs was moving up it was on ECN's like ISLN
and REDI. These ECNS were high Bid with all of the normal MM's hanging back
as the stock ran (for the most part) but as the stock started to  turn down
these other MM's hit the stock with a vengeance. It was very interesting
stuff but that is not the reason for the post. What I am looking for is
information on NYSE's new "l2 system". A customer of mine told me about. Is
this True NYSE is going to a MM type system.