Its pretty much exactly what you think it is mate.
Market Depth/Level 2:
Shows you what brokers are pricing the share at - from this you can see the likely hood of the share price rising/falling. Right now as im watching SXX live - 2 out of 5 brokers have it at 15. - the other 4 are .25/.75
The times and sales are that again, the trades that are going through the market - so you can what is being bought/sold at any given moment.
The rest of it is as stated, the volume of sales/buys and another statistical data.
Critical to watch sometimes to know when to get in/out of a stock. Trading without it is like driving with your eyes closed... your only get so far before you crash and burn. I've only started using it recently after getting pissed of at being caught out with weird market movements. Now its all clear.
£20 a month - Quotestream @ iii.co.uk if anyone was wondering. Is it worth the money? Ask tam9 what his profit on SXX is and then let me know your thoughts
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