Cobra IQ was designed and built from the ground up to address the needs of active traders. IQ is a comprehensive trading system that integrates real-time trading with powerful analytics, advanced charting and unmatched electronic routing.
- Equities and options execution
- Alert windows
- Level II and ECN books
Level II Quotes
Real-time quotes of the bid and ask prices for each individual market maker for a give NASDAQ or OTCBB stock. Level II quotes enable investors to identify the market maker offering the lowest bid-ask spread.
The ECN Book window displays the "depth" of the ECN books, showing all bids/offers at every price level as well as the number of shares available from one or more selected ECN's.