NDAQ · Nasdaq · Finance

What does it cost to trade Nasdaq, Inc.?

A $10,000 order costs about $4.28 (4.28 bps) between the half-spread and market impact.

Data as of 1 November 2026

Cost of $10k$4.28
Estimated quoted spread7.42 bps
Average daily trading value$356M
Daily volatility0.97%
1-day VaR (95%) on $10,000$159
Liquidity tierGood

Estimated cost by order size

Order Half-spread Market impact Total Share of daily volume
$1,000 3.71 bps 0.23 bps $0.39 · 3.94 bps < 0.01%
$10,000 3.71 bps 0.57 bps $4.28 · 4.28 bps < 0.01%
$100,000 3.72 bps 1.42 bps $51.41 · 5.14 bps 0.028%

Liquidity

Nasdaq, Inc. trades about $356M a day, which puts it in the good liquidity tier. At that depth the model estimates a quoted spread of 7.42 bps, so a market order pays roughly half of it on the way in, and again on the way out. An order stays below 1% of a normal day's trading up to about $3.6M.

Volatility and risk

Daily volatility is around 0.97%, which is low for a stock. On a $10,000 position, the 1-day value at risk at 95% is about $159: on one trading day in twenty, a loss larger than that should be expected. Volatility also widens spreads, which the cost estimate above already includes.

How these figures are estimated

Spread: PreTrAIde's liquidity-tier model (average daily trading value) with a volatility uplift and a one-tick floor. Market impact: an Almgren-Chriss-style model on the order's share of daily volume. VaR: 1.645 × daily volatility. Inputs are 30-day average volume and recent price range. These are estimates, not quotes: the real cost depends on the market when the order is placed. PreTrAIde Methodology: How a Pre-Trade Analysis Is Computed

Frequently asked questions

How much does it cost to buy $10,000 of Nasdaq, Inc.?

PreTrAIde estimates about $4.28 (4.28 bps) for a $10,000 market order in Nasdaq, Inc.: $3.71 of half-spread and $0.57 of market impact, before any broker commission.

Is Nasdaq, Inc. a liquid stock?

Nasdaq, Inc. trades about $356M a day, in the good liquidity tier of PreTrAIde's model, with an estimated quoted spread of 7.42 bps.

How volatile is Nasdaq, Inc.?

Its daily volatility is about 0.97% (low). The 1-day 95% value at risk on a $10,000 position is about $159.

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Educational content, not investment advice. PreTrAIde is analysis software, not a broker: it never executes orders, and its verdicts are decision support, not recommendations to buy or sell.