Webull Offers Free Real-Time Nasdaq Canada Data, Announces Savings of More Than 60%
Key Facts
Webull Securities (Canada) said on November 10, 2026, that it would offer Nasdaq Basic Canada on its platform at no additional cost to users. The product provides real-time Level 1 pricing and trading data for Canadian stocks, according to a company statement distributed through CNW/PR Newswire. The announcement comes as Webull Canada seeks to expand investors’ access to market data. The company’s CEO, Michael Konstantino, said offering the product at no additional cost makes real-time data “more accessible to self-directed investors.” The statement sets out the service’s scope and content, while the company also highlights potential savings on market-data costs.
The consolidated feed brings together data from Nasdaq’s three Canadian trading books: Nasdaq CXC, CX2 and CXD. Level 1 data includes the best bid, best offer and last-traded price—the price and trade indicators displayed at that level. The announcement does not describe the service as full market-depth data; it explicitly identifies it as real-time Level 1 data. Bringing the three sources together in one feed places that information in a unified data product on the platform. The service covers stocks listed on the Toronto Stock Exchange, TSX Venture, the Canadian Securities Exchange and CBOE Canada.
Webull said the consolidated feed could reduce Level 1 data costs by more than 60% compared with traditional Canadian market-data offerings. That is a savings figure announced by the company, not a measurement of what users pay on Webull itself; the statement says the product is available to them at no additional cost. The announcement therefore presents two distinct aspects of pricing: free access for platform users and potential savings when the feed is compared with traditional market offerings. Nasdaq’s official page also says the product delivers savings of more than 60% on Canadian Level 1 data costs, with per-user or enterprise licensing options. The savings figure remains tied to the comparison specified by the data provider.
Real-time prices will appear within Webull’s tools, including charts, watchlists, screeners and order entry, according to the company statement. These functions put pricing and trading data in the context of stock monitoring and trading through the platform, rather than presenting it as a separate feed. Brandon Tepper, Nasdaq’s senior vice president and global head of data, said the two companies were “pleased to expand their relationship” by making Nasdaq Basic Canada available on Webull. The statement added that Webull serves more than 29 million registered users worldwide. In its second-quarter 2026 results disclosure, the company reported 28.2 million registered users, up 13% year over year, and 5.13 million funded accounts; those figures relate to that quarter, while the 29 million figure appeared in the announcement.
Nasdaq’s page gives a broader description of the product’s coverage, saying it includes stocks listed on TSX, TSX-V, CSE and NEO, as well as 100% of trading volume in Canadian equity markets, according to its description. Webull’s availability announcement lists four venues: TSX, TSX Venture, CSE and CBOE Canada; Nasdaq’s page includes NEO in its coverage. In an earlier product update, Nasdaq said the closing trade summary would include opening, high, low and closing prices, along with consolidated volume, and that these enhancements were in effect by March 4, 2024. The update notice set the end-of-day summary delivery times at 4:15 p.m. and 5:15 p.m. Eastern Time, and the prior day’s adjusted closing price at 7:00 a.m. That update concerns earlier product specifications, not a new date tied to Webull’s announcement.
Data from the Canadian Investment Regulatory Organization show the size of the market targeted by these data services: trading value in the markets it monitors reached C$2,197,387,751,574.81 in the second quarter of 2026. The value fell 3.46% from the first quarter but rose 38.99% from the second quarter of 2025. Trading volume totaled 89,214,895,303 shares, down 16.70% from the previous quarter and up 19.52% year over year, while the number of trades reached 210,358,450. These comparisons provide context on Canadian market activity during the quarter, not on the impact of the Webull service announced in November. The coverage published on the announcement date did not give a later date or specify an action related to the product’s launch.