equity markets to investors everywhere.”Īn order book, also referred to as the Depth of Market (DOM), displays the amount of open buy and sell orders at various prices for a security.įor example, if a security currently trades for $5, TotalView allows you to see how many orders traders would place at various prices above and below, such as the number of shares available at $4.50, $5.25, etc.ĭepth-of-book refers to the robustness of the order book (higher the quantity, the more robust the order book). Our work with Webull is vital to expanding access to U.S. NASDAQ TotalView gives users great insight into equity markets to help them make more informed decisions. NASDAQ’s TotalView works to level the playing field and give all market participants the same amount of data to reduce surprises when the market opens and closes.Īccording to NASDAQ’s Senior Vice President and Head of Strategic Partnerships for Global Information Services, Oliver Albers, “NASDAQ works to make sure the world’s financial markets are accessible to all. The average, casual investor bases investment decisions on much less in-depth information than professional investors have available. What are the Benefits of Webull’s Level 2 Advance? In this overview, I will discuss Level 2 Advance, how TotalView works, and whether or not investors should give it a try. This increased amount of accessible data provides investors with many more pieces to the elaborate investing puzzle. As a result, users can now gain access to Level 2 Advance, powered by NASDAQ TotalView. Recently, Webull joined into a strategic partnership with NASDAQ to provide all of their clients with premier Level 2 market data. The service even offers free stocks to new users who create an account and make an initial deposit of at least $100 and acts as a great stock tracking app. Unlike Robinhood, apps like Webull offer commission-free trades on several asset categories and pair this with in-depth analytics for you to trade on data-driven decisions. Webull often comes up in my articles as a top free stock trading platform because it acts as a commission-free service, has no minimum threshold for investing and has useful analytical tools.

Nasdaq order book