LIVEMarkets rolling coverageStarted: April 3, 2026, 12:00 AM EDTUpdated: April 3, 2026, 3:00 AM EDT Understanding Level 2 Order Book: Insights Into Market Makers and Price Movements April 3, 2026, 2:46 AM EDT. The **Level 2 Order Book** reveals what market makers are doing by displaying prices they are willing to buy or sell at. It shows the balance between **buy and sell orders**, offering clues about the next possible price move. This tool helps traders gauge market depth beyond basic price quotes. Accessing Level 2 can enhance trading decisions by providing a clearer picture of market activity and potential