NASDAQ TotalView feature of the future

NASDAQ’s free NASDAQ TotalView order publication (Figure 1) could be the digital representation of tumultuous pits such as the CME or even the stately commodity”rings” of the London Metal Exchange (LME) and also the older market makers of yore.

Essentially, A sector is its Level 2, also for NASDAQ, its TotalView product may be your ultimate view on the vast liquidity which compels the forex marketplace. If trading without Level 2 is like driving with your headlights off, trading Flat 2 on NASDAQ without TotalView is just like driving at night with only your parking lights on. TotalView shows probably the complete condition of the market for virtually any stock on NASDAQ and can be vital to some but the most trenchant buy & hold investor.

Based On NASDAQ,free NASDAQ TotalView is doubly fast as Level 2, has 22 days the bandwidth on display, and three times the liquidity on display in a nickel of the inside. As a result of the, however, TotalView can be a creature of a data stream plus it’s not surprising that while NASDAQ Level two is broadly accessible, TotalView can be acquired only from a multitude of providers.

One Of those vital features of TotalView is it displays anonymous interest and interest by participants in their best deals. This produces a clearer picture of order flow and bandwidth trend, and where pools of liquidity lie. This information is lost from older-style Level 2, and while TotalView could be retrieved from moment to moment like with most prized data when enormous opportunities come by, this tiny edge may be the difference between profit and catastrophic loss.

Even though It’s simple to express how successful an instrument is, it’s more difficult to offer concrete examples of how something like free NASDAQ TotalView can enable a dealer. Therefore, here’s just an easy example. Imagine a situation where a big stock is tanking, for any reason. Such a scenario represents the type of opportunity by which a trader can create his or her payday. Sooner or later, but the stock will undo, and the consequent rebound can eliminate profits and inflict serious losses on the short trader. Using TotalView allows you to observe the publication activity and obtain a feel for how trading is impacting the cost. In case the cost is being pushed with small volume hitting on the ask, that underlines the stock’s weakness and indicates that the dip will continue. Likewise, a sudden dip on the ask – with sell orders being taken with no downward price movement – suggests a price degree is forming. You can check more stocks like NASDAQ: ARRY at before investing. Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation