NASDAQ trade dissemination servicesm (ntds)

The NTDS carries real-time trade price and volume data to market data vendors and other data feed recipients. NTDS carries the price and size for all trade reports that are submitted to the Automated Confirmation Transaction Service SM (ACTSM). For pricing purposes, the Nasdaq Last Sale information is bundled with Nasdaq Level 1 Service. (Refer to Automated Confirmation Transaction ServiceSM (ACTSM))