Nasdaq Level I
The National Association of Securities Dealers Automated Quotation (Nasdaq) is based in New York and lists a number of widely traded stocks and ETFs (Exchange Traded Funds). Level I defines the type of market data that is included in this package which consists of the following for all Nasdaq listed stocks and ETFs:

  • Trades
  • Inside Bid & Ask
Nasdaq Level II
The National Association of Securities Dealers Automated Quotation (NASDAQ) is based in New York and lists a number of widely traded stocks and ETFs (Exchange Traded Funds). Level II defines the type of market data that is included in this package which consists of more depth through additional bid and asks for all Nasdaq listed stocks and ETFs.

Note: Consists of Nasdaq’s market markers’ best bid and ask prices.
Nasdaq Total View
The Nasdaq TotalView data package expands upon the Nasdaq Level II data package by providing all bids & asks at every price level for Nasdaq, NYSE, Amex and regional-listed securities on NASDAQ.

Prerequisite: Enhanced Market Depth.
Enhanced Market Depth
This market data package is a prerequisite for other packages that provide visibility into additional market depth, such as ARCA Book, NASDAQ TotalView, NASDAQ BX TotalView, and BATS and Direct Edge Books.