Stock Order Book Level 2. Level 2 provides an order book with prices and the position sizing at each price. The level 2 is an order book and simply displays the orders that are live in the market.
The book viewer shows data for each of the cboe. Seeing the open orders lets you make a more informed estimate about which direction the price of. A trader can use this information to ensure sufficient liquidity to fill their orders.
On level ii, you see the best bid and offer (level i) as well as the best bid and offers by all of the other market makers quoting the stock.
The cboe book viewer shows the top buy (bids) and sell (asks) orders for any stock trading on the cboe u.s. Level ii shows you the best bid/ask prices from each of the many different market makers; On level ii, you see the best bid and offer (level i) as well as the best bid and offers by all of the other market makers quoting the stock. Buyers and sellers can pull orders at any time, which results in orders disappearing from the book.