A lot of people who trade for themselves that are probably working out of their homes or maybe even using their office computer have full access to the NASDAQ system. NASDAQ was one of the first exchanges to offer in-depth trading information for individual traders, and it gave rise to the exchange itself as a way for smaller investors to get into the market. This was part to give fairly insightful because NASDAQ was one of the first exchanges that focused on technology stocks way back when the Internet boom first started.
Nowadays, most exchanges are available through brokerage services, in particular the online services offered from TD Waterhouse, Ameritrade, and Charles Schwab for example. However, NASDAQ still remains one of the most transparent exchanges in terms of the depth of the quotes available.
For example if you were trading options on Apple stock, you can not only see the bid and offer prices for the current market price, but you can also delve deeper into looking at how much volume there is on either the buying or selling side of the market out side of the current price. This allows for a snapshot of fundamental strength or weakness of the stock. [...] Continue Reading…
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