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Old 11-29-2011, 12:22 PM   #9

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Re: Is Level 2 Data Still Worth It?
What do you mean when you said look at the T4 or TT DOM?
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Old 11-29-2011, 02:03 PM   #10

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Re: Is Level 2 Data Still Worth It?
Quote:
Originally Posted by barostni »
What do you mean when you said look at the T4 or TT DOM?
T4 by CTS and Trading Technologies Depth of Market Platforms. Both of these vendors offer great D.O.M. that show T&S on the DOM.
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Old 11-30-2011, 10:44 AM   #11

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Re: Is Level 2 Data Still Worth It?
Quote:
Originally Posted by Jleon »
T4 by CTS and Trading Technologies Depth of Market Platforms. Both of these vendors offer great D.O.M. that show T&S on the DOM.
Unfortunately TT DOM does not show sub-second T&S data. Very old releases showed them.
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Old 11-30-2011, 11:19 AM   #12

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Re: Is Level 2 Data Still Worth It?
Quote:
Originally Posted by robertotrader »
Unfortunately TT DOM does not show sub-second T&S data. Very old releases showed them.
The edge with these DOMs is far greater than without, most break up the orders or do not show the T/S at all. If you need to see the HF trades I would recommend having it programmed and running it along side your DOM's, works pretty good.
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Old 12-01-2011, 04:09 AM   #13

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Re: Is Level 2 Data Still Worth It?
Quote:
Originally Posted by Jleon »
The edge with these DOMs is far greater than without, most break up the orders or do not show the T/S at all. If you need to see the HF trades I would recommend having it programmed and running it along side your DOM's, works pretty good.
"or do not show the T/S at all"
Hidden orders? You meant block trades?
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Old 12-01-2011, 07:18 AM   #14

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Re: Is Level 2 Data Still Worth It?
Quote:
Originally Posted by robertotrader »
"or do not show the T/S at all"
Hidden orders? You meant block trades?
When I said they don't show it at all I meant they only show the quotes and nothing about time and sales. Others only show a 1 or a 2 by the traded price level as the transacted amount is broken down into ones and 2s (ninja trader)
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