Level 2
I am thrilled to introduce my latest innovation: a native level 2 advanced app that runs seamlessly on the macOS platform. Say goodbye to clunky virtual environments and unattractive Java applications. The app is built using the latest tech stack, allowing you to experience the full power of a native application.
Only for users with active Interactive Brokers account.
Features:
Depth of Market (DOM)
Access the Order Book and see behind the curtain of level 1 data. With the Order Book, you can receive valuable insights into the supply and demand dynamics of a particular security or asset, identify key support and resistance levels, gauge market sentiment, and make more informed trading decisions. By using the Order Book, you can stay ahead of the curve, spot potential market trends, and anticipate price movements.
Time & Sales (Tape)
The time and sales indicator shows the price at which it was executed, and the volume of shares or contracts traded.
This information can be used to identify trends in buying and selling, such as whether there is more buying or selling pressure in the market at a given time.
Overall, time and sales is a useful tool for traders who want to gain a deeper understanding of market activity and make informed decisions about buying and selling.
National Best Bid and Offer (NBBO)
Improve your trading skills by gaining an edge through observing the real-time difference between the current ask and bid price. This can help you manage the risk more effectively, and achieve greater success in the market.