Taker-maker pricing providing economic incentives for liquidity removers and intermarket queue priority for adders. Serves retail investors through the Retail Price Improvement Program (RPI) providing liquidity at prices better than the NBBO.
BX features many of the popular order types and functionality. Clients can take advantage of the Mid-Point Peg and Post-Only orders, Order Modify functionality and Self Match Prevention on the fast and efficient INET technology.
In addition, BX now offers Routing and Minimum Quantity Orders.
For adders of liquidity, BX offers discounted add rates through the BX Qualified Liquidity Provider (QLP) program. Those who meet the program criteria receive a discounted fee to add liquidity of $0.0015 per share.
Nasdaq Order Type Guide
Nasdaq's equity order types are designed to help members comply with regulation and execute a range of trading strategies. To better help members understand the available order types, view the Order Type Guide
Through our primary data center, firms can connect to all eight of Nasdaq's U.S. markets.
Nasdaq also offers customers the ability to connect to our markets from key financial data centers outside our Carteret facility through our Point of Presence Service. Explore all of the options and protocols available in Connectivity
The following protocols are available for accessing BX:
To order ports, please email the completed BX Port Request Form to Subscriber@nasdaq.com. For questions, contact Nasdaq Subscriber Services with questions at +1 212 231 5180.
Focused on creating innovative data products that provide unsurpassed market transparency to institutional, retail and individual investors.
Explore the variety of proprietary data products Nasdaq offers to support the BX market.
Nasdaq BX TotalView-ITCH - Provides full order depth with attribution and last sale information.
BX Historical TotalView ITCH - Offers a historical record of the order and trade transaction data from the BX TotalView-ITCH data feed. Subscribers to this historical product may download daily transaction logs on a T+1 basis from a secured website or FTP server.
BX Basic - Provides key data elements for all exchange-listed equities traded on the BX execution system.
To subscribe to any of our market data products, please contact your Nasdaq Global Data Products Account Manager at DataSales@nasdaqomx.com or +1 301 978 5307 or visit the Global Data Products Administration page to complete the appropriate agreements and forms.
Access the latest Trading and Connectivity Resources, Nasdaq Trader Factsheets & Guides and Regulatory Resources.
Trading and Connectivity Resources:
Nasdaq Trader Factsheets and Guides:
Regulatory Resources:
BSE Historical Information:
Nasdaq operates 10 North American exchanges, offering diverse venues that enable investors to find the liquidity that complements their trading strategy.
The FINRA/Nasdaq Trade Reporting Facility (FINRA/Nasdaq TRF) brings you efficient, real-time Post-Trade Reporting.
Powering trading and investment strategies for a full range of exchange-listed equities in the US, Nordics and Canada.
Co-locate trading equipment within Nasdaq's primary data center & provide proximity to the liquidity of our U.S. markets
