The Nasdaq Stock Market
A trusted pillar of capital markets and innovation - providing US equities markets liquidity, resiliency and transparency to propel investment ideas into fruition.
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.
As 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.
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
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 (Link)
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.
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.
Trading, Connectivity and Regulatory Resources
Access the latest Trading and Connectivity Resources, Nasdaq Trader Factsheets & Guides and Regulatory Resources.
Trading and Connectivity Resources:
- Market Share Statistics
- Nasdaq Pricing
- Nasdaq Routing
- Trade Reporting
- Nasdaq Port Request Form
- Market Data
Nasdaq Trader Factsheets and Guides:
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