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Old 10-20-2007, 09:13 PM
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Re: How Useful is Level II?

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I don't understand how with the advent of Iceberg and Hidden orders that level II could be viable....it's just not accurate information you are dealing with.

There's been fourth market trading for years as well. Level 2 at least will give you a hint at where the dumb money is going, and total view gives total anonymous interest. I have found it quite useful.

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