Level 2 and Market Makers Codes
Codes for Level 2
NITE- wholesaler
SCHB- wholesaler
TDCM- retailer
ETRD- retail ECN
ARCA- ECN
Top Dog OTCBB MM: NITE (Usually found doing shakes)
Other ECN's: ARCAm BRUT, BTRD, INCA, INTL, ISLD, REDI
Wholesalers: ETRD, HRZG, MASH, NITE, SHWB
Big Shorters: JIMK, POND, GNET, ARCA (GNET can be used by anyone including other MM's)
TDCM- retailer MM
Top Retail Dilutors: ACAP, AGIS, BAMM, BMIC, CHIG, CLYP, FANC, FRAN, JIMK, MAYF, NATL, PERT, SACM, UCAP, VERT, VFIN
Biggest OTCBB ECN's: GNET, TRAC, DATA