Level 1 of NASDAQ displays what information?

Prepare for the Canon Financial Institute CFIRS Exam with flashcards and multiple choice questions. Each question comes with hints and explanations for better understanding. Get ready to excel in your exam!

Level 1 of NASDAQ provides the inside market, which includes the best available bid and ask prices for a security. This is essentially the highest price a buyer is willing to pay (the bid) and the lowest price a seller is willing to accept (the ask). This information is crucial for traders as it reflects the most current and relevant prices at which trades can occur, helping them to make informed decisions.

While the other choices mention additional types of information related to trading and market activities, they extend beyond the scope of what Level 1 specifically provides. For instance, all bids and offers (which would encompass a broader range of price levels) and names of market-makers are included in higher levels of market data, such as Level 2, which offers more detailed insights into market depth and liquidity. Therefore, the inside market option accurately represents the core focus of Level 1 information available in NASDAQ trading.

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