2026-15461NoticeWallet

Nasdaq's TotalView Plus: Smarter Stock Peeks for Investors Now

Published Date: 7/31/2026

Notice

Summary

Nasdaq is rolling out two cool new data feeds called TotalView Plus and Basic Plus that show detailed stock info from Nasdaq and its partners. These feeds give traders a clearer picture of stock prices and orders, helping them make smarter moves. The changes are effective immediately, and some fees might be updated, so traders and investors should check them out soon!

Analyzed Economic Effects

3 provisions identified: 2 benefits, 1 costs, 0 mixed.

Nasdaq launches consolidated data feeds

Nasdaq introduced two new consolidated market-data products, Nasdaq TotalView Plus (depth-of-book) and Nasdaq Basic Plus (top-of-book), combining data from Nasdaq, Nasdaq Texas, and Nasdaq PSX. The filing was made on July 24, 2026 and became effective upon filing; existing underlying feeds will remain available and customers can choose the consolidated feeds via a single connection.

Fees for the new feeds will be proposed

Nasdaq will propose fees for Nasdaq TotalView Plus and Nasdaq Basic Plus in a separate filing, and those fees will apply to purchasers of the new feeds. The Exchange stated it expects to set fees so vendors can offer competing products without a cost disadvantage, but the specific fees will be announced later.

Consolidated feeds support overnight trading

Nasdaq stated that the consolidated feeds will be more important when overnight trading begins in December 2026 because liquidity may be limited then; the feeds aim to provide a broader market view to help investors analyze low-liquidity overnight markets. This is intended to facilitate investors' transition to overnight trading starting December 2026.

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Key Dates

Effective Date
Published Date
7/24/2026
7/31/2026

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
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