Level II Screen

[m_grindy]

How come Interactive Brokers doesn't have a proper Level II screen (like the one attached)? What software is best to view a Level II screen, or is it unecessary as long as you have DMA?

Thanks

 

[rathcoole_exile]

not sure if it's what you're looking for, but i love using the price ladder at infinityfutures.com

 

[Magos]

Why dont you try Trading Technologies
Trading Technologies International, Inc.

Download a demo / test it and if you like it you can set up a terminal to trade from home

 

[Jaydee]

RTS (Real Time Systems) RTD platform gives a proper L2 screen that you can click trade orders in to. It will be a bit cheaper than TT as well - though TT are the industry standard for Futures (I think they have 50-60% of the market share ).

RTS Realtime Systems Group

 

[grantx]

Magos,

TT is not directly available to the private investor. It can only be accessed via an FCM's/clearers server. If you have a relationship with either, then they'll give you a demo (the demo needs a password and username supplied by TT).

Grant.

 

[Magos]

I am sure there are prop companies in london which are willing to act intermediate in this deals
Try Marex, Schneiders and Futex

 

[Jaydee]

Magos,

TT is not directly available to the private investor. It can only be accessed via an FCM's/clearers server. If you have a relationship with either, then they'll give you a demo (the demo needs a password and username supplied by TT).

Grant.

Available via GNI Touch...not sure at what cost though.

 

[grantx]

Magos,

You're correct. Here's a pretty extensive list. I'd be surprised if any don't offer TT. For the basic (X-Trader), cost can range from c £500 to c £900 (some add vat, some don't):

Trading Arcade Index - Traderpedia

Jaydee,

A couple of US brokers don't charge for TT but you pay higher commissions. It's a question of volume I suppose.

Grant.

 

[pinkish]

hello, I see you are talking about level 2 quotes. are they available for free anywhere? i am not able to find such. can you help me.

 

[Jaydee]

The Exchanges charge for real-time data and, therefore, brokers pass this charge onto their customers. However, a lot of firms now allow you to have the data for free if you do x number of trades in a month or quarter - they charge you and then reimburse you if you reach the threshold.