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 3,300+ corporate listings and 900+ ETP listings.
-
Largest U.S. equities exchange by market share. Home to 3,300+ corporate listings and 900+ 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
The Nasdaq Philadelphia Stock Exchange, founded in 1790, was the first stock exchange established in the United States. Today, Nasdaq PSX offers a diverse array of equity order types, tailored to optimize firm's trading strategies.
-
The Nasdaq Philadelphia Stock Exchange, founded in 1790, was the first stock exchange established in the United States. Today, Nasdaq PSX offers a diverse array of equity order types, tailored to optimize firm's trading strategies.
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.
Get the latest on the transformative forces shaping the global economy, delivered every Thursday.
-
Subscribe to the Market Makers Newsletter
-
-
Subscribe to the Market Makers Newsletter
-
U.S. Equities Resources
Resource Center
-
- Nasdaq TotalMarkets: Optimizing Markets for Today and Tomorrow Open
- M-ELO Monthly Report Open
- Auctions Automated Market Structure Delivers Best Execution Outcomes Open
- Automation and Information Produce Efficient Price Discovery in Nasdaq’s Auction Process Open
- M-ELO: The Final Hour of Trading Open
- More Inclusive Opening Auctions Make Better Markets for All Open
- Midpoint Extended Life Order (M-ELO): Striking the Right Balance Open
- M-ELO Order Enhancement Shows Early Returns Open
- Will Nasdaq’s New Extended Trading Close (ETC) Transform After-Hours Trading? Open
- Initial Review of SEC Market Structure Proposals Open
- Risk Checks Backstop Trading Open
- Nasdaq Closing Cross Facilitates Russell Reconstitution for 20 Years Open
- Why More Trading Firms are Considering Co-Location with Nasdaq Open
- Everything You Need to Know about Dynamic M-ELO, the First Exchange AI-powered Order Type Open
- Driving Transformation Through the Modernization of Markets Open
- Nasdaq TotalMarkets: 2023 Equity Market Structure Proposals Overview Open
-
- U.S. Equities Overview Open
- OUCH 5.0 Overview Open
- The Midpoint Extended Life Order (M-ELO) Frequently Asked Questions Open
- Equity Risk Checks (EQRC) Overview Open
- Self Match Prevention (SMP) Overview Open
- Equity Risk Checks (EQRC) User Guide Open
- Nasdaq, BX and PSX Order Functionality Enhancements Factsheet Open
- Nasdaq Extended Trading Close FAQ Open
- Dynamic M-ELO Overview Open
-
- Nasdaq Rules Manual Open
- BX Rules Manual Open
- PSX Rules Manual Open