Level 2 data is essentially an order book showing information on Nasdaq Stock Market stocks. It shows lists of the ask prices and current best bids from market-makers and general participants alike.

If you’re a day trader or someone who wants to get in the weeds on the market, you probably will want access to Level 2 data. Here’s what it means, and how to know if you should pay for it.

ozgurdonmaz / Getty Images First introduced in 1983 as the Nasdaq Quotation Dissemination Service (NQDS), Level 2 is a subscription ... government data, original reporting, and interviews with ...

free real-time and Level 2 data as well as Market Depth trading, all through one single connection on the TradingView platform. This collaboration reinforces TradeStation Securities’ role as a ...