Moomoo brings Nasdaq’s full order book depth to retail users

Rick Steves

Nasdaq TotalView is a standard data feed that displays the full order book depth on Nasdaq, which means every single quote and order at every price level in Nasdaq-, NYSE-, NYSE American- and regional-listed securities trading on Nasdaq, including 60-level bid and ask quotes with more than 20x liquidity of level 2.

Moomoo has expanded its partnership with Nasdaq in order to offer premier data service, Nasdaq TotalView, to its retail users, thus enhancing their experience and trading opportunities.

The leading investment and trading platform is inviting eligible investors to sign up for an exclusive 3-month free trial of Nasdaq TotalView on its platform.

Nasdaq TotalView: 60-level bid and ask quotes with over 20x liquidity of level 2.

Nasdaq TotalView is a standard data feed that displays the full order book depth on Nasdaq, which means every single quote and order at every price level in Nasdaq-, NYSE-, NYSE American- and regional-listed securities trading on Nasdaq, including 60-level bid and ask quotes with more than 20x liquidity of level 2.

With this expanded partnership, Nasdaq’s full order book depth can all be seamlessly accessed through the advanced user-friendly trading app, moomoo.

Moomoo and Nasdaq have been partners for six years, ever since the broker-dealer decided to launch its trading app in the United States. Nasdq played a role as a technology partner. Since then, Moomoo’s popularity surged, and it expanded to six countries and regions, including Singapore, Australia, Japan, Canada, and Malaysia.

Wishing to bring pro-level market data to its retail users, Moomoo decided to integrate Nasdaq TotalView to potentially give investors a unique level of market information, enabling a more accurate understanding of support and resistance levels.

Moomoo’s streamlined, visual charts help investors instantly identify key price levels where institutions’ block orders accumulate, revealing potential trading opportunities within Nasdaq’s in-depth data.

The trading app already features advanced Charting Tools including 38 drawing tools and more than 100 indicators. Investors can also take advantage of moomoo’s 24/7 complimentary Global News function and the Earnings Hub, which offers complete U.S. Stock earnings data.

Moomoo launched in Malaysia

Last month, Moomoo launched its super app in Malaysia, positioning itself among the first global digital brokerages to receive the Capital Market Services License from the Securities Commission Malaysia, enabling it to offer securities and derivatives trading services.

The inauguration event in Kuala Lumpur saw attendance from top executives and industry leaders, highlighting the app’s anticipated impact on Malaysia’s investment landscape. Moomoo’s venture into Malaysia is driven by its commitment to technological innovation and financial inclusion, aiming to democratize investing through cutting-edge, pro-level analytical tools, resources, and extensive product offerings which include free access to over 1,000 Malaysian and 9,000 US stocks, ETFs, and advanced analytical and educational tools.

The company’s efforts to enhance financial literacy and inclusion extend to offering over 600 complimentary investment courses and fostering a vibrant online community for collaborative learning and support among investors.

Read this next

Digital Assets

Coinbase reports Q1 net income at $1.17 billion

Coinbase Global reported strong first-quarter earnings and revenue, thanks in part to a surge in cryptocurrency trading activity triggered by the introduction of the first U.S.-listed exchange-traded funds (ETFs) tracking bitcoin in January.

Digital Assets

Tether increases surveillance of USDT transactions on secondary markets

Tether, the issuer of the USDT stablecoin, has inked a partnership with blockchain surveillance company Chainalysis to monitor its token transactions on secondary markets.

Retail FX

Saxo Bank reports strong trading volumes for FX, commodities in April

Danish multi-asset brokerage, Saxo Bank has reported an increase in trading activities in April 2024. The bank’s clients traded an average daily volume (ADV) of $4.5 billion, up 9.8% from the previous month, but was down 12% year-over-year from $5.1 billion in April 2023.

blockdag

BlockDAG Launches New Payment Options as Presale Tops $22.4M Amid Polygon’s New Partnership & Option2Trade’s Emergence as Cardano Rival

Following the recent release of a moon-based keynote teaser, BlockDAG (BDAG) has announced 10 new payment methods to further facilitate its DeFi services.

Fundamental Analysis, Market News, Tech and Fundamental

Global FX Market Summary: Dollar Weakness, Fed,Euro May 3 ,2024

Weak US jobs data triggered USD sell-off as investors bet on slower Fed rate hikes. This, along with Europe’s surprising economic strength, boosted the Euro.

Fundamental Analysis, Market News, Tech and Fundamental, Technical Analysis

Ethereum Technical Analysis Report 3 May, 2024

Ethereum cryptocurrency can be expected to rise further toward the next resistance level 3340.00 (which stopped the previous minor impulse wave 1 at the end of last month).

Digital Assets

Dorsey’s Block ramps up Bitcoin holdings to $4.7 billion

Block, the payments firm led by CEO Jack Dorsey, has laucnhed a dollar cost averaging (DCA) program to expand its bitcoin holdings, leveraging 10% of its monthly bitcoin-related gross profit for additional bitcoin purchases throughout 2024.

Digital Assets

Netherlands busts crypto gambling scam ZKasino

Dutch authorities have arrested a 26-year-old man implicated in an alleged rug pull scheme involving the Web3 gambling platform ZKasino.

Digital Assets

Turbos Finance launches two pioneering liquidity strategies on Sui

“Our rebalance vault leverages the unique capabilities of Sui to transform user interaction with DeFi. Users precisely manage their assets individually, adapting to market shifts with real-time, high-frequency adjustments. Our vault simplifies asset management through rebalancing and compounding to maximize returns with minimal effort.”

<