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Good level 2 software for stocks?


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  #1 (permalink)
 humseper 
copenhagen
 
Experience: Beginner
Platform: ninjatrader
Trading: ES
Posts: 87 since Jun 2013
Thanks Given: 8
Thanks Received: 42

Hi

Im looking for some good software, which displays the level 2/market depth for stocks. What can you recommend?


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  #3 (permalink)
 krazyanyway 
Quebec, Canada
 
Experience: Intermediate
Platform: NinjaTrader, Sterling Pro, IB's tws
Broker: IB, Kinetick, Wts
Trading: ES, Stocks, Options
Posts: 22 since Jun 2012
Thanks Given: 9
Thanks Received: 14



humseper View Post
Hi

Im looking for some good software, which displays the level 2/market depth for stocks. What can you recommend?

Are you looking to pair that software with a particular broker or execution setup ?

For depth/level 2 on stocks, the platforms typically used by prop firms are usually very decent.
Lightspeed, Sterling Pro, Laser, etc.

I am only familiar with Lightspeed and Sterling, which I currently use.

I would also expect most brokers to have some level 2 output in their flagship platforms, such as TWS for IB or TOS.


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  #4 (permalink)
 humseper 
copenhagen
 
Experience: Beginner
Platform: ninjatrader
Trading: ES
Posts: 87 since Jun 2013
Thanks Given: 8
Thanks Received: 42

Hi. Tanks for the reply.
Yes I am looking for some software that is similar to the lightspeed DOM software, but hopefully at a lower monthly Cost. I Would like to use it in connection with interactive brokers. Is the tws DOM good?
What is the Price for Sterling trader and is that good?


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  #5 (permalink)
 krazyanyway 
Quebec, Canada
 
Experience: Intermediate
Platform: NinjaTrader, Sterling Pro, IB's tws
Broker: IB, Kinetick, Wts
Trading: ES, Stocks, Options
Posts: 22 since Jun 2012
Thanks Given: 9
Thanks Received: 14


humseper View Post
Hi. Tanks for the reply.
Yes I am looking for some software that is similar to the lightspeed DOM software, but hopefully at a lower monthly Cost. I Would like to use it in connection with interactive brokers. Is the tws DOM good?
What is the Price for Sterling trader and is that good?

To my knowledge, I do not think you can use Sterling in connection with IB.
Sterling prices I've seen are usually in the range of 150$ to 200$ per month, plus applicable data fees.
I wish I could tell you more about the TWS DOM, but I don't use it since my IB account is mostly for options.


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Last Updated on November 14, 2013


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