NASDAQ L2 Traders

[Captain Haddock]

Can someone explain to me why the ISB offer was so much lower than the bid this morning? Is this a fault in the ISb book feed, I was led to believe that ARCA routed through ISLD if need be anyway so it should have sorted itself out?

 

[TheBramble]

Must have been a glitch as all the T&S were showing trades going off at the 'real' price.

 

[Alphabet]

I guess that the ISB feed is just not updating properly due to a technical fault. It happens sometimes.

I hate it when level II gets screwed up as it makes me too nervous to trade.

 

[TheBramble]

In some respects, the T&S is more valuable on its own anyway.

I use LII and find it extremely useful - don't get me wrong.

But with T&S there are no games - just the reality of what IS going on - not what someone might want you to think is going on.

But then again, I'm not a poker player.

 

[dod]

This is slightly off track, but can anyone explain why occasionally I see a price bar on my charts whose low or high doesn't show up on the T&S screen . If the data on which both price bars and T&S comes from the same source - in this case, IQ - which is correct?