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fDesc[0] = "Cobra IQ was designed and built from the ground up to address the needs of active traders. IQ is a comprehensive trading system that integrates real-time trading with powerful analytics, advanced charting and unmatched electronic routing.<br /> Features include:<br /> <br /> - Equities and options execution<br /> - Alert windows<br /> - Level II and ECN books <br /> <br /> Level II Quotes<br /> Real-time quotes of the bid and ask prices for each individual market maker for a give NASDAQ or OTCBB stock. Level II quotes enable investors to identify the market maker offering the lowest bid-ask spread.<br /> <br /> ECN Book<br /> The ECN Book window displays the &quot;depth&quot; of the ECN books, showing all bids/offers at every price level as well as the number of shares available from one or more selected ECN&#039;s.";

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