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[RT] GEN:Importance of Level II



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Several people have told me that I need a company that is "Level II" for
most efficient order execution.  As I understand it Level II provides
information of who is offering  what on NASDQ stocks.  If I only trade
NYSE large cap technology is there still some advantage with this type
of provider?  I subscribe to a satellite real time data provider so that
I can compile tick data for testing ideas.  So I'm already paying
exchange fees, have real time data and an extensive charting program.
What I would like to find is a company that gives me the ability to
quickly switch between about 4 accounts for order entry, rapid order
entry, quick execution, continuous tracking of order status and dynamic
updating of positions.  A reasonable software fee and ticket charge
would be a plus.   Got any suggestions?