What about those not in the list of 800 largest stocks?

For this set of instruments we present B2N IntelliBBO (volume weighted Best Bid and Offer) which supplies BBO for the required volume. As a side effect the prices created by your configuration of IntelliBBO Cannot be ‘calculated back’ to the original source prices; many exchanges will allow you to redistribute this derived data at no additional cost..

Does this work for all people and all venues?

For those wishing to execute trades on fee-liable exchange venues all bids and offers from all venues will be required. The B2N L2 Aggregator builds a consolidated order book and derives the optimal locations for execution across multiple venues.

There are many others for whom B2N IntelliBBO and/or B2N Order book data meets all their needs for prices. These may, for example, be sales people or analysts or others who use the data as a context for their primary activity in financial markets.

How does it work?

The technology solution is feed-based and will work under your control with your existing feeds.

The B2N BBO solutions are independent of the data source and will work with data from Bloomberg, Thomson-Reuters or any other source supported by MarketHub.