[dpaterso]

Hi,

In my never ending quest to be a successful trader I have had a look at the MBT / EFX Trading Platform and would like to know IN LAYMANS TERMS what the Level II window is showing me i.e. I am led to believe that that is showing me exactly what buyers and sellers and prices and lots are available etc. etc. as it is coming from the banks. Is that correct - and if so - or if not - please explain.

I have also noticed that the spread changes sometimes which I am not used to i.e. GCI has fixed spreads. What am I to understand from this?

Regards,

Dale.