Beyond Level 1, at more then 20x the liquidity of Level 2, Nasdaq offers the complete market book with all the information you need to bring your active trading to the next level.
Nasdaq TotalView-ITCH — the standard Nasdaq data feed for serious traders — displays the full order book depth for Nasdaq market participants. TotalView also disseminates the Net Order Imbalance Indicator (NOII) for the Nasdaq Opening and Closing Crosses and Nasdaq IPO/Halt Cross.
TotalView, Nasdaq’s premier data feed, shows you every single quote and order at every price level in Nasdaq-, NYSE-, MKT- and regional-listed securities on Nasdaq.
Access TotalView through these Nasdaq Partners
Bank of America*
Bloomberg Finance L.P.*
Charles Schwab & Co. Inc.
E*TRADE Securities LLC
Eze Castle Software LLC*
Nomura Securities International Inc.
PTS Financial Technology LLC*
Sterling Trading Tech*
TD Ameritrade Holding Corporation
Thomson Reuters Markets LLC
Wolverine Execution Services*
*Also offers Nasdaq Net Order Imbalance Information
Access via Nasdaq Direct Data Feed Products: Trading firms and market data vendors may create a real-time display by processing direct Nasdaq data feed products. For detailed technical documentation for Nasdaq direct products, please refer to the specifications page of the Nasdaq Trader website.
Access via Market Data Vendors: Individual investors and traders may access real-time data through a number of authorized Nasdaq market data distributors. Market data distributors provide both display devices and data feed products containing Nasdaq real-time data. Refer to the Market Data Vendors page for a complete list of companies.
Access via Nasdaq Web Products: For Nasdaq market participant firms, Nasdaq has incorporated TotalView depth data into its Nasdaq Workstation product. For individual and institutional investors, Nasdaq offers access to its market depth via the Nasdaq DataStore.
Encompasses all displayed orders for Nasdaq, NYSE and regional securities with 3X the liquidity within 0.05% of top-of-book as compared to alternative products, such as Level 2.
Largest Single Liquidity Pool in the US
Follow pockets of liquidity over time to understand how orders are distributed throughout the market, allowing power users to identify and pursue new and unique trading opportunities by understanding not just where the market is but where it is going.
Follow the Auctions
Access Net Order Imbalance Indicator (NOII) data in real time prior to the official Open and Close, understanding the true Buy and Sell interest with constant updates to the share imbalance, indicative clearing prices and sentiment.
Nasdaq’s auction feed, delineating the crosses is, “closer to the realized price than the NYSE indicated price and less volatile leading up to the open.
U.S. Equities at your Fingertips
Nasdaq BasicKey Features
Nasdaq BasicNasdaq Basic is an easy-to-administer alternative to Level 1 data, providing last sale and top of book quotations.
- Cost Savings
- Upgrade Delayed Users
Nasdaq Last SaleKey Features
Nasdaq Last SaleNasdaq Last Sale supplies the widest distribution and most transparent access to real-time market data.
- Universal Distribution
- Investing Tools for Public Use
- Improve Transparency and Data Quality