Reg Recon NASDAQ's real-time module to assist firms with Reg NMS compliance
 
 
Trade Reporting Post-execution reporting as well as comparison and clearing of trades
 
 
News Access to Head Trader Alerts, Subscriber notices and more
 
 
NASDAQ Crosses Offering multiple crosses throughout the trading day
 
 
Pricing Information Complete Workstation access for one low price
 
 
Risk Management Control and visibility of trading activity in the U.S. equity space
 
 
 
 

Overview
The NASDAQ Workstation, a data-rich quoting and trading product, offers:
  • extensive market making and order entry capabilities
  • reliable, user-friendly and feature-rich trading environment
  • extremely low-cost access to NASDAQ web-based connectivity – connect from virtually anywhere
  • a web-based interface with NASDAQ's trade reporting system, ACT
  • access to NASDAQ’s multiple crosses available thought the trading day

    Learn more about the benefits of using the NASDAQ Workstation.

Feature Spotlight: New Dynamic Quote Window - Trading Your Way

New Dynamic Quote

Execute Trades Faster and Easier:
  • Chart individual stock prices minute by minute starting at market open
  • Expand or collapse sections of the DQ Window to help easily customize the information
  • Right click directly on any price level shown in the montage to launch an order or look up an MPID’s phone number
Fully Customizable with the new DQ Settings Window:
  • Select your most-used Workstation windows to create quick launch buttons for easy navigation of the Workstation tools

Market Data
NASDAQ is recognized as a leader in the market data industry for products and customer service. Products available to you as part of the NASDAQ Workstation include:

Level 1 and Dynamic OTCBB Data Ability to view and update quotes and see last sale information for Over the Counter Bulletin Board (OTCBB) securities. In addition, users can click on any MPID in the quotation montage to obtain contact information for market participants.
BookViewer Accessible through any Dynamic Quote (DQ) Window, gives customers a real-time representation of NASDAQ's limit order book. Orders received are instantly visible, regardless of order size and the identity of the party placing the order.
Net Order Imbalance Indicator (NOII) As a Trader, maintain your positions through the ability to more accurately gauge the true buy and sell interest in securities going into the open and the close through vieweing NASDAQ’s Opening and Closing cross and IPO/Halt Cross data.
Consolidated Quotation System Data Users may opt to purchase at the exchanges' rates
Time and Sales View quoting and trading information across markets
OATS Scans Scan for orders placed through the NASDAQ Workstation and export for data to be included in your final submission to FINRA for OATS compliance.
Order-Entry Scans Scan based on control number, security, time, and more
Index Data Display real time indices for the NASDAQ Composite and Dow Jones as well as volume for NASDAQ and the New York Stock Exchange (NYSE).

Connectivity
The NASDAQ Workstation allows subscribers to connect to NASDAQ using the Internet or an Extranet. In addition to the information provided below, NASDAQ has developed a User Guide (PDF) to provide you with the necessary information for choosing your firm's connectivity options.

  • Internet option – You can use an Internet provider to access NASDAQ via the NASDAQ Workstation.
  • Approved connectivity providers – You can also provision additional bandwidth on your existing extranet connection at your firm, or call a provider to subscribe to their service.

Who Can Participate
How to Subscribe or Update Service
The first step it to determine which type of connectivity is right for your firm — internet or extranet. Work with your provider to determine how much bandwidth your firm needs.

NASDAQ market participants can subscribe for new connectivity or update an existing service by completing the NASDAQ Front-End Access Order Form (PDF) and fax it to NASDAQ Subscriber Services at 212.231.5426.

Training
NASDAQ holds live WebEx demonstrations for NASDAQ market participants. Each session will give new and prospective customers a full product overview and will also highlight the latest Workstation features and functionality.

If you would like to sign up for a free Workstation demo, please RSVP.

Additional Resources

Contact Information

 
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