The U.S. equity ecosystem is part of the world's most robust, liquid, and efficient capital market system-with Nasdaq being the leading U.S. exchange with close to 20% of U.S. equities trading volume transacted and reported on its trading systems. 

The U.S.'s market structure is the basis for these efficient capital markets and encompasses both on- and off-exchange trading, as well as the type of quote and trade data which is disseminated. Consequently, it is essential that international market participants and investors alike understand the broader U.S. trading landscape as well as the specific nuances.

We invite you to download our full whitepaper to elevate your understanding of the U.S. market structure and position yourself for success in the dynamic financial landscape.