V. 22:3 (120): Quick-Scans: QuoteScope by Jayanthi Gopalakrishnan
If you are an active trader, you know that liquidity is important for trading. When you can identify a stock with high liquidity, it gives you a better understanding of the direction of stock price movement. Ameritrade has met this need by introducing a product called QuoteScope. QuoteScope takes Level II data and displays it in a circular fashion, making it easy to see the number of shares available at a specific price. This gives you the
opportunity to recognize changes in price very quickly. The interface adds an indepth, at-a-glance, dynamic visual representation of a specific stock. And once you see a change that is moving in your favor, you can respond with a one-click order placement.