Nasdaq Basic-LV1 is a service that provides real-time stock market data, focusing on all stocks listed on U.S. exchanges. This data is compiled from the Nasdaq market center and from trades reported to the FINRA/Nasdaq Trade Reporting Facility.
What Does Nasdaq Basic (Level 1) Include?
1.Nasdaq Last Sale
Real-time, tick-by-tick trade data including the price and size of each executed order from the Nasdaq market center, as well as trades reported to the FINRA/Nasdaq Trade Reporting Facility (TRF).
2.Nasdaq BBO (QBBO)
Real-time best bid and offer from the Nasdaq market center — showing the highest bid price, the lowest ask price, and the available size at each level.
Together, these data points give you a live view of market activity and pricing, helping you make faster, more informed trading decisions.