Level II / TotalView questions

[smiso24]

I just started using Nasdaq Totalview and have a couple of questions. Why do I see orders on Level II that aren't showing up on Totalview? Also, why doesn't my order show up on Totalview when I enter it? Anyone out there have an answer?

Thanks

 

[Mr. Charts]

Welcome to t2w, smiso24.
TotalView is a misnomer as it doesn't include all the ECNs, for example.
If your order is routed by you or by intelligent software to such an ECN then it won't appear on TotalView.
HTH
Richard

 

[smiso24]

I see, Thanks for the quick reply!

 

[Mr. Charts]

My pleasure. I have been trading US stocks intra day for a living since 1999 and it's a great life !
Today has been good with $9.05 on GOOG, $1.55 on WPL as well as a few small gains and a couple of small losses.
Trade well and be careful out there,
Richard