At the time, NQDS carried only Nasdaq market participant depth for Nasdaq-listed securities. When it was introduced in 1983 as Nasdaq Quotation Dissemination Service (NQDS), it was the first product to provide Nasdaq market participant depth to the investing public. Level II quotes are not available on other platforms.ĭuring our test drive of Trader Workstation, we found lots of venues in the Level II window.Nasdaq Level 2 provides the top-of-file position for Nasdaq exchange participants. If a subscription hasn’t been enabled for the exchange on which the entered ticker symbol trades, there will be a button (in Mosaic mode) or a pop-up window (in Classic mode) on the Level II window in Trader Workstation to subscribe. Examples include North America, Asia Pacific, and Africa. There are many regions as well that run across the top heading. Be sure to expand the section for Level II. There are many categories, such as indexes, Level I, and Fixed Income. On the next page, click on the gear icon to see all of the available data bundles for the account. On the next page, click on the button for Market Data Subscriptions. Click on the Settings link in the drop-down window. To sign up on the website for Level II quotes, simply log in and go to the head-and-shoulders icon in the upper-right corner.

A subscription to Level II quotes must be enabled before data will populate the window. In Classic TWS mode, look for the “Market Depth Trader” icon in the top menu.

In the drop-down menu that appears, select the link for Market Depth, which is the window that will display Level II data. After logging into the platform, simply click on the New Window tab in the upper-left corner of the program if you’re in Mosaic mode (look for the Mosaic tab in the bottom-left corner). Pulling up Level II quotes on IBKR’s desktop platform Trader Workstation is really easy.

Free level 2 quotes