Level 1 shows the highest bid and lowest ask—inside quote. Level 2 shows all public quotes of market makers together with information of market dealers wishing to buy or sell stock and recently executed orders. Level 3 is used by the market makers and allows them to enter their quotes and execute orders.
Level 1 shows the highest bid and lowest ask—inside quote. Level 2 shows all publ?ic quotes of market makers together with inform!ation of m!arket dealers wishing to buy or sell stock and recently executed: orders. Level 3 is used by the market makers and allows them to enter their quot:es and execute orders.