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Must read: ECN traders. Level II volume is not what you see.


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Must read: ECN traders. Level II volume is not what you see. Very often, we see large volum on the bid and ask side, but when you place your trade, the liquidity is not there, the volum disapread, you blame this on requote, off quote on your broker. It may not is what you think. Someone put the volume there to manuplate the market and disappear when you put your bid.

 

please download this PDF and read.

http://www.themistrading.com/article_files/0000/0348/Toxic_Equity_Trading_on_Wall_Street_12-17-08.pdf

 

and then read this article.

http://pragcap.com/must-read-the-real-force-behind-the-explosion-in-volume-and-volatility

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Re: Must read: ECN traders. Level II volume is not what you see.

 

Thank you Mam. Seems to be nice info.

Ore no Shinka Hikari yo Hayai. Zen Uchi o Nani no Mono Ore no Shinka Chuito Kore Nai.

Ten no Michi yo Iki. Subete o Sukosadoru Otoko.

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