Is there such a thing as Level 3? I have L2.

Discussion in 'Trading' started by Dominic, Jul 8, 2006.

  1. Dominic

    Dominic

    Anyone have a screen shot of Level 3? I have Level 2 (along with everyone else) and heard a couple years ago about L3; what exactly is it?

    Thanks

    Dominic
     
  2. Level 3 is reserved for the now imfamous "plunge protection team"

    you wont be able to see it, because if you do, they would have to kill you
     
  3. Level 3 is what the market makers use and is not available to the general public.
     
  4. marketsurfer

    marketsurfer Sponsor

    i spent time hanging with a mm from knight at their floor in jersey city. level 3 enables them to clean the clocks of stock daytraders.

    surf
     
  5. Yeah, Knight is not just a MM, they are the enemy.