listed regional

Discussion in 'Order Execution' started by jvasto, Feb 3, 2003.

  1. jvasto


    Ok, here's another one,

    I'm currently using Datek (ameritrade) and am in the process of getting out of there and into IB, my question is about level II and market depth services? Are they one in the same? Datek has the Nasdaq level II option as well as listed regional and arca and island books. If one is watching QQQ for example in the "listed regional" book is this worth viewing? I know it doesn't give you market maker ID but it is helpful in market depth.

    So my question is

    1. is it worth viewing the action on NYSE or AMEX stocks through listed regional exchanges and

    2. are the arca, isld and listed books common when you subscribe to level II services at other brokers (ie; IB) or are they a Datek thing only