Series 24: Levels Of NASDAQ Service

Taken from our Series 24 Online Guide

Levels of NASDAQ Service

NASDAQ offers a variety of options to the user for viewing quotes and orders on the Market Center.

  • Level I is typically used by brokers and by individual investors to access the inside market (best bid and best ask). As a basic level of service, Level I does not identify particular market makers or the volume of shares being offered. If a client comes to a representative with an interest in selling Microsoft (MSFT), the

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