Effective January 1st, 2017, NASDAQ will be raising the cost of their Level 2 package to the same price as the TotalView package. Therefore, users will be entitled to the TotalView package and the Level 2 package will eventually be deprecated.
NASDAQ Level 2 with OpenView (top of book) - The top of the book for all of the market participants on the NASDAQ exchange. i.e. the best bid/ask position for each participant. We also include the top of the book (i.e. regional l1 quote) for any regional exchanges in the L2 montage as well. OpenView includes data on orders placed on NYSE & NYSE MKT issues through the NASDAQ exchange.
NASDAQ TotalView (L2) with OpenView (full book) - The full order book for all market participants on the NASDAQ exchange. We also provide an aggregated view called TotalView-Aggregated which is the aggregate of each market participant at each price level (note that this is different from L2 which only shows the top price level for each participant). OpenView includes data on orders placed on NYSE & NYSE MKT issues through the NASDAQ exchange. When users are entitled to this data the display in Level2/Depth module by provides dropdown selections for the three views outlined below:
Level 2 - The top of the various market participant books (top of book)
TotalView – All orders are individually displayed (similar to our TSX MarketByOrder product)
TotalView-Aggregated – All orders from the NASDAQ market center book (similar to our TSX MarketByPrice product)
- Nasdaq Level 2 with OpenView and Nasdaq TotalView (L2) with OpenView requires entitlements to NASDAQ Level 1 data in Real-Time in addition to the Real-Time Depth entitlement as these are solely Nasdaq data products.
- QuoteMedia does not currently offer Level 2 data from the NYSE exchange (aka NYSE Openbook). We only offer data on orders made on NYSE & NYSE MKT issues through the Nasdaq exchange.