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Nasdaq Stock Market

A trusted pillar of capital markets and innovation - providing U.S. equities markets liquidity, resiliency and transparency to propel investment ideas into fruition.

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Overview

The Nasdaq Stock Market

Solutions designed with the imperative to address evolving investor and issuer needs while elevating the trading experience for all market participants through a comprehensive suite of functionalities, order types and price discovery methods.

The Largest U.S. Equities Exchange Venue by Market Share

Nasdaq’s investments in technology and infrastructure ensure stability and resiliency through various stages of the market, bringing together buyers and sellers when they are needed most. Built with technology designed and tested for all market environments.

U.S. Equities Market Share Volume Market System Status Updates View Equity Trader Alerts Sign Up for Nasdaq Alerts Sign Up for Equities Newsletter
Benefits

Core Features of Nasdaq Stock Market

Order Types & Functionality

Nasdaq features a price/time priority model where the execution logic is fair and transparent for all market participants.

All displayed limit orders are treated equally and executed in the order in which they were received at the same price. Non-displayed shares are executed after displayed shares in the order in which they were received at that price.

Nasdaq offers popular orders and functionality such as Minimum Quantity, Mid-Point Peg and Post Only orders, Self Match Prevention and Order Modify functionality, a robust suite of innovative routing strategies and our award-winning opening and closing crosses.

Nasdaq's equity order types are designed to help members comply with regulation and execute a range of trading strategies. To understand the available order types, view the Order Types Guide.

Connectivity

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 for Nasdaq in Connectivity.

The following connectivity options/protocols are available for accessing Nasdaq:

To order ports, please email the completed Nasdaq Port Request Form to Subscriber@nasdaq.com. For questions, contact Nasdaq Subscriber Services with questions at +1 212 231 5180.

Market Data

Focused on creating innovative data products that provide unsurpassed market transparency to institutional, retail and individual investors. Product offerings include real-time data feeds, web-based reports and plug-and-play technology for instant access to market data.

Nasdaq Market Data Feeds

Nasdaq Equities Market Data Solutions

Market Replay

Nasdaq Index Data Solutions

Nasdaq Corporate Actions Daily List

Nasdaq Daily Share Volume

Trading, Connectivity and Regulatory Resources

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:

Dynamic M-ELO

Dynamic M-ELO (Midpoint Extended Life Order) analyzes 140+ factors to adapt the holding period to current market conditions on a symbol by symbol basis. Dynamic M-ELO is the first exchange AI powered order type designed to improve fill rates and lower market impact in equities markets.

Explore Dynamic M-ELO

U.S. Market Structure Hub View our latest insights as we demystify intricate regulatory issues with data-driven analysis and share our views to help shape markets today and tomorrow. Explore
The Print

The global economy is changing faster than ever before.

Get the latest on the transformative forces shaping the global economy, delivered every Thursday.

The Print, formerly Market Makers, by Phil Mackintosh delivers in-depth analysis of the forces shaping the global economy and markets — from industry-defining technologies and emerging trends to evolving policies, market-moving IPOs, and more.

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Additional Information

Data

Nasdaq Equities Market Data

Powering trading and investment strategies for a full range of exchange-listed equities in the US, Nordics and Canada.

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Connectivity

Nasdaq Co-Location

Co-locate trading equipment within Nasdaq's primary data center & provide proximity to the liquidity of our U.S. markets.

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Resource Center

Insights
Nasdaq TotalMarkets: Optimizing Markets for Today and Tomorrow Read the Report Dynamic M-ELO Monthly Report Read the Report Auctions Automated Market Structure Delivers Best Execution Outcomes Read the Article Automation and Information Produce Efficient Price Discovery in Nasdaq’s Auction Process Read the Article M-ELO: The Final Hour of Trading Read the Article More Inclusive Opening Auctions Make Better Markets for All Read the Article Midpoint Extended Life Order (M-ELO): Striking the Right Balance Read the Article M-ELO Order Enhancement Shows Early Returns Read the Article Will Nasdaq’s New Extended Trading Close (ETC) Transform After-Hours Trading? Read the Article Initial Review of SEC Market Structure Proposals Read the Article Risk Checks Backstop Trading Read the Article Nasdaq Closing Cross Facilitates Russell Reconstitution for 20 Years Read the Article Why More Trading Firms are Considering Co-Location with Nasdaq Read the Article Everything You Need to Know about Dynamic M-ELO, the First Exchange AI-powered Order Type Read the Article Driving Transformation Through the Modernization of Markets Read the Article Nasdaq TotalMarkets: 2023 Equity Market Structure Proposals Overview Read the Proposal
Overviews, Factsheets & FAQs
OUCH 5.0 Overview Read the Overview Dynamic M-ELO FAQs Read the FAQ Equity Risk Checks (EQRC) Overview Read the Overview Self Match Prevention (SMP) Overview Read the Overview Equity Risk Checks (EQRC) User Guide Read the Guide Nasdaq, Nasdaq Texas and PSX Order Functionality Enhancements Factsheet Read the Factsheet Nasdaq Extended Trading Close FAQ Read the FAQ Dynamic M-ELO Overview Read the Overview
Rules Manuals
Nasdaq Rules Manual View the Manual Nasdaq Texas Rules Manual View the Manual PSX Rules Manual View the Manual
Videos
Dynamic M-ELO (Midpoint Extended Life Order) Learn More Extended Trading Close Watch the Video Nasdaq Closing Cross Learn More Nasdaq Review of SEC Market Structure Webinar Watch the Webinar

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