Nasdaq Totalview, opinions wanted

[stephencrowley]

TotalView doesn't begin distributing quotes until the actual market open.. at least that's what I see from my broker. It does show the opening/closing imbalance.. not sure how indicitave that is, but could be useful.

Quote from giggollo:

While we're actually on the topic, can someone tell me what they see with Total view in terms of data showing likely opening prices and likely closing prices. Does Totalview show a "likely opening price" value which keeps changing premarket until the open for example and then it actually opens at that value? Is it a reliable indication of what the opening price will be?

 

[giggollo]

That's strange. The opening imbalance data is really only useful before the open to see the pre-open imbalance and/or gauge where the stock will open, but if the data only starts being disseminated AFTER the open then the opening imbalance info is pretty useless at that point i think. Does it show a "likely opening price" during the pre-open and a "likely closing price" near the end of day? A screenshot would be great if feasible.

Quote from stephencrowley:

TotalView doesn't begin distributing quotes until the actual market open.. at least that's what I see from my broker. It does show the opening/closing imbalance.. not sure how indicitave that is, but could be useful.

 

[stephencrowley]

I meant the quotes only start streaming at open.. the imbalance data comes before. I don't have any screenshots as this is only available via my broker's API and all my stuff is algorithm based.. no gui.

Quote from giggollo:

That's strange. The opening imbalance data is really only useful before the open to see the pre-open imbalance and/or gauge where the stock will open, but if the data only starts being disseminated AFTER the open then the opening imbalance info is pretty useless at that point i think. Does it show a "likely opening price" during the pre-open and a "likely closing price" near the end of day? A screenshot would be great if feasible.