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[RT] Re: Level 2 Brokers



PureBytes Links

Trading Reference Links

Mbtrading offers execution off the Level 11 window and access to a version of
a trading chat room. They do also transmit pop-up messages when data is
delayed or expected to be delayed. They don't do futures however.

All data originates out of NY/NJ, and then goes through a
re-routing/splitting process. I think Realtick is as good as anyone else.
What is better about some providers is that they filter the data according to
which exchanges they trade on, so you can actually access the bid/offer you
see on the screen on non otc stocks.

Looking forward to the results of your analysis.

Ketayun

PS re: other trading ideas, try and avoid pre/post market trading because the
prints are often entered from the previous day and therefore misleading.



Ge Wong wrote:

> Good Morning,
>
> This is excerpt of a letter from a level 2 brokerage:
>
> Dear Ge,
>
> We could give you faster feeds with NQDS and NTDS quotes
> direct from Nasdaq.  We do not go through a ticker mill the
> way Realtick does.  Plus we will offer you execution
> through our software off your Nasdaq Level II window.
> We have continuing education for traders every Thursday.
> Traders have more informal discussions daily.
> We are quite proud of the trader community and professional
> environment we have created here at "    ".com.
>
> My question is there a difference between the Level 2 brokers? Are some
> level 2's faster? Does data out of New York better?  If you are a Level 2
> user I would like to hear from you on this topic or other trading ideas.
>
> Ge