Hero-Pre-Trade Tech

    Nasdaq Basic

    Flexible and cost-effective delivery of real-time market data

    Nasdaq Basic

    Need a cost-effective, real-time U.S. equity quote and trade solution? Nasdaq Basic is the leading exchange-provided alternative for real-time Best Bid and Offer and Last Sale information for all U.S. exchange-listed stocks*. With Basic, investors access a proprietary data product that provides accuracy, liquidity, instrument coverage and accessibility with significant cost-savings.

    * Based on liquidity within the Nasdaq market center, as well as trades reported to the FINRA Trade Reporting Facility® (TRF®) operated in partnership with FINRA/Nasdaq TRF®

    Now Available via Nasdaq Data Link APIs

    The most traded stocks on our platform are typically Nasdaq-listed which speaks to the high level of interest in US stock trading. Naturally we wanted to partner with Nasdaq for real-time data and Nasdaq Basic provides us a quality, reliable source of market data for all US-listed securities at an affordable price. This allows us to maintain trust with our users who know they are looking at the latest market information when they are making an important investment decision.

    Options to fit your business needs

    Pricing models

    1. Per-User: priced for Professional and Non-pro users
    2. Enterprise License: ideal for retail brokers, banks and investment dealers
    3. New! Digital Media LicenseUnlimited distribution of Nasdaq Basic for display usage by the general investing public.

    View Pricing and Sample Savings

    Sample Savings by Firm Type (Annually)

    Large Online Brokerage: $1,088,472

    Global Bulge-Bracket Bank; $8,822,076

    Large Bank and Broker: $4,984,164

    Larger Broker: $9,299,832

    View Pricing

    Calculate Your Savings

    Nasdaq Basic provides several key data elements for all U.S. exchange-listed equities.

    Nasdaq BBO (QBBO) – Real-time best bid and offer, with associated size, available within the Nasdaq market center.

    Nasdaq Last Sale (NLS) – Real-time tick-by-tick price and size information for orders executed within the Nasdaq execution system as well as trades reported to the FINRA/Nasdaq TRF.

    Nasdaq Opening and Closing Prices – The Nasdaq Official Opening Price (NOOP) and Nasdaq Official Closing Price (NOCP)—the industry standard reference prices—based on the Nasdaq Opening and Closing Crosses and the Nasdaq IPO/Halt Crosses.

    Other Value-added Data – Includes market status information including Stock Directory, Emergency Market Condition (EMC) event messages, System Status and Trading Halt information for Nasdaq-, NYSE-, NYSE MKT, NYSE Arca and other regional exchange-listed issues.

    Enhance your Basic Display with NLS Plus

    In addition to the real-time data for Nasdaq and the FINRA/Nasdaq TRF that is already included in Basic, NLS Plus offers real-time trade-by-trade data from Nasdaq BXSM (BXSM) and Nasdaq PSXSM (PSXSM) trading venues. The NLS Plus feed also carries consolidated volume on a real-time basis for Nasdaq-listed securities, as well as, NYSE-, NYSE MKT-, NYSE Arca- and other U.S. regional exchange-listed securities.

    Each customer can choose either NLS or NLS Plus as part of their Basic subscription, depending on their unique implementation needs. By combining all Nasdaq U.S. markets' last sale data with consolidated volume, NLS Plus provides customers with a comprehensive yet affordable data set to use in display products.

    Direct from Nasdaq

    • To ensure widespread distribution, Nasdaq Basic is now available via Nasdaq Data Link APIs. Fill out the Contact Us form to request a free trial today!
    • Nasdaq Basic is also available direct from Nasdaq as a traditional data feed. For detailed technical documentation for Nasdaq's direct products, please refer to the specifications page of the Nasdaq Trader website here.

     

    Data Distributors

    Nasdaq Basic is available through our trusted data partners, including, but not limited to: Activ, Avelacom, Bloomberg, Devexperts, FactSet, FIS, Millistream, Morningstar, Polygon, Quanthouse, QUODD, Quote Media, SIX, Thomson Reuters, Vela and Xignite.

    Trading firms and market data vendors may create a real-time display by processing data directly from Nasdaq's data feed products. Nasdaq Basic is offered as a Data Feed or Web Application.

    Don't see your data vendor? Contact them and ask for the Nasdaq Basic data feed.

    Key Benefits

    Coverage

    Covers NYSE, NYSE-American and Nasdaq-listed equities and ETFs.

    Cost Savings

    Save an average of 65% off Level 1 fees with flexible pricing options focused on lower per-user rates.

    Upgrade Delayed Users

    Nasdaq Basic is an affordable way to upgrade anyone at your firm still using delayed data.

    Accurate BBO and Last Sale Source

    A reliable, accurate option for financial professionals that are not directly executing trades nor require detailed depth.

    Administrative Savings

    Consolidate all of your U.S. exchange data into one easy-to-administer feed.

    Flexible Implementation Options

    Can be deployed in a wide variety of investor tools including Watch Lists, Portfolio Trackers, Equity Top Ten Lists, Dynamic Tickers, Alerts, Intraday Charts, among others.

    Nasdaq Basic has been an integral part of helping keep our trading fees down for clients by providing access to real-time US equities and ETF data for our users at a price point that works for our business model. Our customers receive the value of real-time data and we receive the benefits of cost-savings and working with Nasdaq.

    Learn how Nasdaq Basic has helped the industry save millions

    Nasdaq Basic has saved the industry $350 million since 2009

    $350m
    Savings since 2009

    Enter your firm's user count:
     
    Nasdaq
    NYSE
    AMEX
    Professional
    Non-Professional
    Per Query
    Clear 
    Thank You!
    Your savings are estimated below. With this interactive calculator, you can continue to update user count numbers to see your results.
    Your savings
    Monthly:
    Yearly:
    Pricing data sourced from published fee schedules as of December 2021.
    *Savings rate is based on market data costs associated with the listing exchange of requested instrument coverage.

    Let's Connect

    Learn More About Nasdaq Basic

    To order this data on a stand-alone terminal/controlled display product, end users or firms should contact their market data vendor. To order as a data feed, firms must submit the appropriate documentation below and receive prior approval from Nasdaq.

    Support

    Visit Nasdaq Data Link for dataset documentation, sample data, and API details or contact datasales@nasdaq.com

    Nasdaq Data Link ->

    U.S. Equities at your Fingertips

    Nasdaq TotalView

    Nasdaq TotalView warrants greater insights with full depth-of-book.

    Key Features

    • Complete Depth-of-Book
    • Largest Single Liquidity Pool in the US
    • Follow the Auctions

    Nasdaq Data Link APIs

    Access exchange data and other financial information through a suite of cloud APIs with Nasdaq Data Link.

    Key Features

    • Efficient
    • Flexible
    • Scalable

    Nasdaq Next-Gen Solutions

    From fostering the development of early-stage applications to fueling the growth of established tech leaders, Nasdaq is uniquely positioned to help meet the needs of the NextGen of creators, innovators and disruptors.