RE:RE:RE:Level 2 short explanation and Steveo, to piggyback on what Rcash and Ovechkin said, another resource for level 2 is ceo.ca, on the left side of screen beside the chat there is an visual image of level 2 which really helps to better understand market depth, well at least for me it did so I wanted to share.
here is the link with LIB ticker to save you a step. https://ceo.ca/lib
ps. from what I can tell it only works for stocks on the cse but I could be wrong on that as I am still learning as well, and I sure learned alot from Rcash and Kushman since joining Stockhouse almost a year ago, I actually joined 2 days after you Kushman, go figure, im really riding dem coatails without even knowing it. ;)