Schwab Data Feed

[Bear.22]

Guys,

When it comes to TOS and Time and Sales how can the market feed data (from Schwab) best be described?

MBP?
MBO?
Something else?

The reason I ask is that I have been testing Motivewave via the trial edition and the Time and Sales between the two platforms is much different.

Thoughts?

Cheers,
G

 

[BenTen]

See here https://toslc.thinkorswim.com/center/howToTos/thinkManual/Left-Sidebar/Times-and-Sales

If that doesn't help, you can open a support ticket directly within TOS They should have more info on that feature.

 

[Bear.22]

See here https://toslc.thinkorswim.com/center/howToTos/thinkManual/Left-Sidebar/Times-and-Sales

If that doesn't help, you can open a support ticket directly within TOS They should have more info on that feature.

I am not asking about the Time and Sales as a feature, but rather the qualities of the data feed behind it.

 

[BenTen]

I am not asking about the Time and Sales as a feature, but rather the qualities of the data feed behind it.

That would be a question for their customer support. We have no access to that information here.

 

[Joshua]

Given that it is free, I wouldn't be surprised if it was something proprietary that is slightly diluted, but it is going to be L2MBP if it is either one of those.

It's certainly not MBO, I believe you would have to call Schwab TS @ 888-245-6864 and ask about "BookMap" if you're looking for something more similar to L3MBO.

You might also want to double check that you have real time data enabled.