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U.S. Equities Markets

U.S. Equities

Nasdaq offers three exchanges renowned for industry leading technology and service, innovative products, and proven resiliency at the center of price formation.

Liquidity, Resiliency and Transparency to Propel Investment Ideas into Fruition

Nasdaq owns and operates 3 U.S. equities markets, including the largest single liquidity pool for U.S. equities by market share. We offer several different market models in the US. Our exchanges include our flagship exchange, The Nasdaq Stock Market, Nasdaq BX and Nasdaq PSX renowned for industry leading technology and service, innovative products, and proven resiliency at the center of price formation.

Nasdaq Stock Market

Largest U.S. equities exchange by market share. Home to 4,000+ corporate listings and 450+ ETP listings.

Largest U.S. equities exchange by market share. Home to 4,000+ corporate listings and 450+ ETP listings.

Nasdaq BX

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.

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.

Nasdaq PSX

Nasdaq’s fastest-growing exchange with market quality driven liquidity incentives. Natural starting point for firms to grow exchange-based liquidity strategies

Nasdaq’s fastest-growing exchange with market quality driven liquidity incentives. Natural starting point for firms to grow exchange-based liquidity strategies

$15T+ Listings Market Value
Total Market Value Across Nasdaq Operated Markets

Nasdaq Stock Exchange

Trusted pillar of capital markets and innovation

Providing U.S. equities markets liquidity, resiliency and transparency.

Nasdaq Stock Market

Providing U.S. equities markets liquidity, resiliency and transparency.

Nasdaq Stock Market ->
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Dynamic M-ELO

Coming Soon to Nasdaq

We have built AI technology to make context aware dynamic markets, including Dynamic M-ELO (Midpoint Extended Life Order), the first exchange AI order type to receive SEC approval in September 2023. Dynamic M-ELO is designed to enhance fill rates and reduce market impact in equities markets by evaluating over 140 data points every 30 seconds to adjust holding periods based on market conditions, improving liquidity and execution quality.

 

Read Announcement Learn More

We have built AI technology to make context aware dynamic markets, including Dynamic M-ELO (Midpoint Extended Life Order), the first exchange AI order type to receive SEC approval in September 2023. Dynamic M-ELO is designed to enhance fill rates and reduce market impact in equities markets by evaluating over 140 data points every 30 seconds to adjust holding periods based on market conditions, improving liquidity and execution quality.

 

Read Announcement -> Learn More ->

Market Makers with Phil Mackintosh

THE MARKET IS MOVING. KEEP UP.

The global economy is changing faster than ever before.

Market Makers provides deep insights and analysis on the transformative forces shaping the global economy, delivered every Thursday. Each week we examine the biggest influences disrupting and driving the global markets — from industry-shaping technology and trends to evolving policies, market-moving IPOs and beyond. 

 

Phil Mackintosh

Phil Mackintosh

Senior Vice President, Nasdaq Chief Economist

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

TotalMarkets

Equities Market Structure Proposals

Serving the interest of investors with a thoughtful and methodical approach.

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U.S. Equities Resources

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Nasdaq North American Markets

With 10 North American exchanges, we offer diverse venues that enable investors to find the liquidity that complements their trading strategy.

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