What Is Level 2 Trading and Why Is It So Important?
Trading is all about getting information and knowing how to interpret this data to find successful trades. If so, then you would think that the most crucial factor is the reliability and the format in which a trader receives the information.
Level 2 quotes are by far the ultimate market data source to get more detailed and complete information.
So, in this guide, we’ll explain everything you need to know about trading using the level 2 order book. We’ll also help you find ways to access level 2 data and explain the difference between level 1 and level 2 and level 2 and level 3.
Read the full article here.