MicrocapTradeâs innovative Level II quotes provide a unique insight into the micro-cap markets, which does not exist on any other platform. The companyâs Level II Market Maker Activity Log provides scrolling alerts whenever market makers change their Level II quotes, making it easier for users to identify bid/ask movements, allowing them to adjust their trading strategies or identify new opportunities. MicrocapTradeâs Level II Summary, another proprietary offering, provides a quote montage for the top four quotes for any given stock, including how many market makers are on each side of the spread, as well as the cumulative trade sizes being offered.
Level II market data provides the full depth-of-book feeds directly from exchanges, electronic communications networks (ECNs) and market makers. It allows clients to identify and act on strategic trading opportunities with a comprehensive view of liquidity throughout the whole market.
Stephan Touizer, CEO of MicrocapTrade, commented, âWith the advent of greater transparency over the past few years, weâve seen significant growth in trading volumes of the micro-cap markets. By offering Level II stock quotes, weâre continuing to open up the OTC:BB and Pink Sheet markets and providing maximum visibility to the quotes and orders driving those markets.â
MicrocapTrade offers Level II quotes for every OTC:BB and Pink Sheet security, even those that are less actively traded.