5.6.5. 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 client c