Level I, II, III Definition

Level I, II, III

Definition

The three different ranks of service provided by the NASDAQ to stock traders. In this hierarchy, the degree of information increases from I to II to III. Private investors generally have access to Level I quotes and may be able to access Level II through special licenses, but Level III quotes are available only to NASD member firms who are market makers.

Reproduction of all or part of this glossary and/or this page, in any format, without written consent is prohibited. If you have questions about this dictionary please feel free to contact us feedback\@\investorguide.com

Related Terms

Level II quotes - More

Popular 'Trading' Terms

short sale
security
investment
management
risk

bull market
sell limit order
securities
cost of capital
limit order

Level I, II, III in the news

Tools

Level I, II, III is ...

... part of the Trading subject.

Nearby Terms

letters patent
letters testamentary
Level 1 asset
Level 2 asset
Level 3 asset
Level I, II, III
Level I quotes
Level II quotes
Level III quotes
level load
level playing field

Search volume for Level I, II, III

Review the unprecedented moves the Fed & Treasury took to bring the financial markets back from the precipice