How do I access level 2 quotes on Etrade pro?

How to access level 2 quotes on Etrade Pro. Real-time data and Level II quotes are available at E*Trade. There are some caveats, though. Here are the details. E*Trade requires a $1,000 account balance to sign up for any type of advanced data package.

What are Level II quotes?

If you're not sure what level II quotes are, they're the prices that people are willing to pay and the number of shares available. The E*Trade pro app will show you all of this once you set up your Level II Quotes screen.

How does E*Trade assess my options trading level?

E*TRADE assesses your options trading level based on the information you provide in your Options Upgrade Request form. Etrade also has level 2 option quotes. This should not be confused with level 2 options trading. When it comes to the level 2 quotes, it is all about the specific real-time prices of the equity options you are trading.

What is Level 2 trading?

Level II (i.e. Level 2) gives you a better idea of what kind of buying and selling pressure exists at various price levels. The level II trading platform lets you see the best bid and ask from all the other market makers who are quoting the stock. I recommend using ETrade Pro.