I have tried and asked many people but couldn't Get the answer.. Is there someone apart from Bloomberg who provides level 3market depth.. Any plans of making it available to Zerodha customers in near future?.. As a retail Trader how do I access that market depth?
Check this page https://www.nseindia.com/supra_global/content/dotex/data_products.htm and also check out the tariff sheet. A brokerage firm can give out only data that comes through the OMS to the client, which is level 2. To get level 3, you would have to go to a data vendor and ask for it. The fixed cost for a data vendor to offer this as a business is quite high, hence only the bloombergs of the world are able to do it as they charge $2k per month to use a bloomberg terminal. As Zerodha we do have some plans to give more market depth through another route. Haven't gotten exchange approvals yet on it though.
Thanks for the response Nithin.. Glad you are taking steps to bring it in Zerodha.. This is something which will help us. I know it's not there in any brokerage firm. Hopefully exchange approves the request..
As Zerodha we do have some plans to give more market depth through another route. Haven't gotten exchange approvals yet on it though.