NASDAQ TotalView Service Streamlines ViewSuite Data Products

The Nasdaq Stock Market, Inc. (NASDAQ®) today announced it has streamlined its data products to provide non-professional traders with easier access to the same information available to professionals. Through this initiative, NASDAQ has renamed the ViewSuite group of data offerings TotalView, consolidated the offering into one product and decreased the cost of the service - making it more cost effective for all types of investors.

"Professional market participants will have access to the complete set of NASDAQ order data at a more attractive price," said Adena Friedman, Executive Vice President, NASDAQ Data Products. "And, active non-professionals will have easier, more affordable access to TotalView, providing them with new opportunities to employ unique trading strategies previously limited to professional traders."

TotalView is a powerful tool that allows investors, market participants, and issuers to view the full depth of the NASDAQ market. Through this tool, investors can see all of the order depth provided by each individual NASDAQ market participant within the top five price levels in the NASDAQ market. Coupled with NASDAQ's existing Level II service, traders and investors can have a complete view of all of the active order interest in the NASDAQ market. The tool will allow users to see the drivers of the market, participants' additional interest within pennies of their best quotes, and view anonymous order interest submitted to SuperMontage.

Non-professional users of TotalView will now pay $5 per month (incremental to the existing Level II price of $9 per month) and professional users will pay $40 per month (incremental to the existing Level II price of $30).

"TotalView's transparent look at SuperMontage depth and liquidity helps users make better-informed investment decisions by better enabling them to identify trading opportunities, pursue unique trading strategies, follow pockets of liquidity over time, and better understand how orders are distributed throughout the market," said Ms. Friedman. "TotalView is an excellent tool to help all market participants and investors achieve their trading and investment goals."

NASDAQ is the world's largest electronic stock market. With approximately 3,400 companies, NASDAQ lists more companies and, on average, trades more shares per day than any other U.S. market. It is home to category-defining companies that are leaders across all areas of business including technology, retail, communications, financial services, media and biotechnology industries. For more information about NASDAQ, visit the NASDAQ Web site at www.NASDAQ.com or the NASDAQ Newsroom^SM. at www.NASDAQnews.com.