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What is Level 2 US market data (Nasdaq TotalView)?

Level 2 Advance US Market Data is a premium data feed powered by Nasdaq TotalView. It provides the best 50 levels of bids and asks for all NASDAQ, NYSE and regional listed stocks on the NASDAQ Market Centre. It includes the prices and quantities of displayed quotes and orders, allowing investors to better understand the stock's availability or demand at a specific price point.

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