Level 2

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Level 2

An electronic service showing real-time quotes for each market maker on NASDAQ and the OTCBB. Level 2 allows the investors to find the market maker with the lowest bid-ask spread as trades are being executed.
References in periodicals archive ?
Where the need for a level two service emerges on an unplanned basis, the panel proposes the current neonatal transport service is extended to operate on a 24-hour basis.
QTS is designated as a level two service provider per PCI DSS 2.
But other NHS trusts have not been so fortunate - neonatal intensive care at the Royal Glamorgan Hospital, in Llantrisant, remains a level two service, unable to care for babies born at less than 28 weeks' gestation, more than a year after it was downgraded.