DxFeed Level II

[timtrader]

Is anyone else having trouble with DxFeed Level II quotes today?  I'm getting their Level I quotes at the top of the Level II window and the LULD prices, but nothing else.

[Jerry Medved]

emailed them to see if any known issue

[Jerry Medved]

It seems that you were not subscribed to Level II. You just had Level I subscription and the stuff you were seeing in Level II window is actually a small subset – “regionals” data.  They turned that off recently, but I should be back now. For true Level II data (with much more detail) you would want to subscribe to TotalView and/or EDGX data.

[timtrader]

OK, its back to the way is was, so thanks for reaching out to them!  I really only use DxFeed for Level II on NYSE stocks since the Level II from IQfeed is no good for that.  Originally the DxFeed bundle included a basic Level II feed (top of book for both NASDAQ and NYSE)  I have that back now, but I don't see the option for it on their web site, so I guess that's what they recently dropped.  If if goes away again, I'll subscribe to TotalView.  For example of what I currently see and what's good enough for me, here's a screen shot of a NYSE stock.  The left Level II screen is what I get from IQFeed and the one on the right is what I currently get from DxFeed:

 

[IsaacTrades]

I just subscribed to DxFeed Nasdaq Total view and all I can see on my level ll is quotes from NASD. How are you also seeing quotes from ARCA, EDGX, BATS, etc.? Which plan are you subscribed to?

[Jerry Medved]

I assume you also are subscribing to the Level I quotes? ($49/month option)

1) on settings, data sources / configure accounts, click on dxFeed and check the box for "Level II - Show BBO"

2) EDGX book is a separate subscription - MT merges the various books. However, I believe their top of book is in the BBO data.

[IsaacTrades]

I have Level ll BBO checked. I was just wondering which subscription this guy had because in his screenshot of his level ll, there are multiple exchanges showing.

I had a different question as well. For some reason my Raw Data Window is blank this morning. I closed and re-opened MedVed and there is no change. Any reason why I can't see the orders going through there?

[Jerry Medved]

if you have BBO checked but not seeing the other MMIDs, then you are not getting BBO.  That is why I asked if you just subscribed to TotalView or you got he quotes too. Without the quotes, there will be no BBO.  And for that matter, the raw data issue is probably related since that comes from quotes

[IsaacTrades]

Okay, couple of questions.

What does BBO stand for? 

Before today I was able to see raw data. That changed when I went into settings, unticked BBO and then re-ticked it and now I can't see it. How can I fix that?

And are you saying that if I want to see all exchanges on level ll, like the ones form the screen shot above, I have to subscribe as well to EDGEX? If I did that wouldn't I just receive quotes from EDGEX + totalview?

[Jerry Medved]

BBO - Best Bid Offer.

Why did you UNcheck it?

And no, I did not mention EDGEX at all in my response. I said you need to have Level I quotes, which is "Consolidated US Equities Level I (NBBO) for $49/month

[IsaacTrades]

I unchecked it because I wanted to see if it would somehow allow me to see other exchanges on my level ll. Currently, I can see orders on my level ll but my raw data is blank. I want to know how to fix that (because I did have raw data before). And I want to know which US equities plan will give me access to see multiple exchanges such as the ones on the level ll posted by timtrader in the above threads.

I don't believe I need US Equities level one because that is included in US total view which I've already subscribed to.

[Jerry Medved]

The one I gave you is SPECIFICALLY what you need.  it has nothing to do with TotalView.

[IsaacTrades]

okay thank you for that.

However, My time and sales (raw data) like I said is still either frozen or blank. I provided a screenshot in this thread. As you can see my level ll has the current price and my raw data is frozen with last weeks price. How can I re-sink these to both have the current price? It just seems like my raw data window isn't receiving data from dxfeed.

Edited November 6, 2023 by IsaacTrades

[Jerry Medved]

raw data window is tied to Level I.  Level I and II quotes are independent. nothing to sync.   Did you subscribe to the option I mentioned? If not then if you use dxFeed as quote source for portfolio, it will not work correctly

[IsaacTrades]

Okay I hear what your saying. I have dxfeed already selected as my quote source. I'm just confused because last week, with this same subscription, I had real-time raw data working. So I'm not sure that I would need a separate subscription

[IsaacTrades]

I received an email from dxfeed on more clarification. If I want level 2 from multiple exchanges and raw data, I have to subscribe to Nasdaq totalview, CBOE EDGEX equities, and US equities level 1 like you said. Sorry for the confusion and thanks for the responses.

[Jerry Medved]

well, not quite. TotalView - will get you all NASDAQ orders. EDGEX will get all of those. The stuff that is comparable to what you see on TD Ameritrade is actually coming from the Level I datafeed and is the BBO feed. 

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