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Level II window can display either NASDAQ or Island Book. There are three displays within the Level II window:
  • Bid/Ask Size display provides an indication of buying and selling pressure with size at each price
  • Market Maker display shows Level II quotes from all market makers and ECNs
  • Market Maker Action Log shows adjustments to Level II quotes by market makers and ECNs. Whenever a market maker increases/decreases bid/ask and/or bid/ask size, a record appears in the Action Log.  Actions favorable to longs are colored green while actions favorable to shorts are colored red.  Market Maker Action Log consists of five fields: Market Maker (MM), Bid x Ask size, Bid x Ask, Action, and Time.  The record will contain plus/minus sign next to the changed value.  Action field gives a textual description of the change.

Direct Access Trading allows you to double-click on a Market Maker on Bid/Ask list to have your order sent to that Market Maker. SWP API enables developers to capture Level II orders in their own applications.

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Cron Technologies, Inc. is excited to announce that the Stock Watch Pro software and certain other assets of Cron Technologies have been acquired by an affiliate of TD AMERITRADE, Inc. Cron Technologies will provide you more information about the acquisition in the coming weeks. Cron Technologies will continue to provide support for current customers for a period of time. If you have questions, then please contact Cron Technologies at: support@crontech.com.