Hello. Can someone please explain what Nasdaq ADF is and does? When trade is routed to the ADF what happens, and how does that compare to trades routed to the regular Nasdaq (exchange Q)? Thank you.
I had no idea what that was before reading your post. The only useful info i could find was a faq here. NASDAQ ADF (Alternative Display Facility) is the system used by Super Montage Non-Participants to report their quotes. This data is not viewable in Specific Depth Displays such as Total View or Power View. CajunSniper / Puretick.com Administrator-Trader