Level 3 Indicators Attract Quant Attention

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Level 3 Data, a Calgary, Alberta-based analytics startup, has rolled out a charting tool that displays the vendor’s buying and selling pressure indicators, which is starting to gain traction among institutional trading firms, despite attracting more interest from active retail traders since officially launching its initial report service last year (IMD, Nov. 26, 2012).

When the company was originally formed in 2007, it was envisaged as a service targeted at retail traders, but by the time of

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