Webull Launches Consolidated Market Data Feed for Overnight Trading

Webull (NASDAQ: BULL) launched a consolidated market data feed for overnight U.S. equities trading on Feb 11, 2026, combining real-time quotes and depth from Blue Ocean and Bruce Markets into a single view.

Rhea-AI Summary

Webull (NASDAQ: BULL) launched a consolidated market data feed for overnight U.S. equities trading on Feb 11, 2026, combining real-time quotes and depth from Blue Ocean and Bruce Markets into a single view.

The feed offers a free synthetic BBO top-of-book and a $4.99/month Level 2 subscription, is available in 11 of 14 Webull markets today, and aims to improve overnight price transparency and liquidity visibility for global active traders.

Positive

• Consolidated real-time data from Blue Ocean and Bruce Markets
• Free synthetic BBO top-of-book available to users
• $4.99/month Level 2 subscription for full order book
• Available in 11 of 14 Webull markets at launch

Negative

• Order routing remains unchanged; execution fragmentation may persist
• Not available in 3 Webull markets at launch
• Product targets active overnight traders, limiting immediate mass-market impact

Argus Feb 11 session

-6.02% close to close Open Argus

Details

News Market Reaction – BULL

On Feb 11, the day this news came out, BULL closed 6.02% below the previous close.

Data tracked by StockTitan Argus for the Feb 11 session.

Key Figures

Price change: -2.21% 52-week range: $5.78–$79.56 Price vs 52-week high: -91.65% +5 more

Price change

-2.21%

Pre-news 24h move

52-week range

$5.78–$79.56

Low and high before this news

Price vs 52-week high

-91.65%

Distance from 52-week high pre-news

Markets with access

11 of 14 markets

Consolidated overnight data feed availability

Subscription price

$4.99 per month

Level 2 full order book overnight data

Free data level

Synthetic BBO top of book

Included in consolidated overnight feed

Trading session

24/5 U.S. equities

Overnight trading context referenced in article

Market cap

$3,407,336,289

Pre-news valuation

Historical Context

5 past events · Latest: Jan 27

5 events

1. Jan 27

   Product launch

   24h Move

   -0.8%

   Introduced $0 commission prediction market trading via Kalshi partnership.

2. Jan 13

   Partnership news

   24h Move

   -1.1%

   Level2 partnership added no-code strategy automation for U.S. traders.

3. Nov 20

   Earnings results

   24h Move

   +0.4%

   Strong Q3 2025 revenue growth and return to profitability.

4. Nov 17

   Partnership news

   24h Move

   -5.6%

   CQG integration to support new Singapore futures offering.

5. Nov 12

   Strategic partnership

   24h Move

   +2.6%

   Meritz partnership to enter South Korea and broaden global access.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

consolidated market data feed, overnight trading, order books, depth of book, +4 more

8 terms

consolidated market data feed technical

"announced the global launch of its consolidated market data feed for overnight trading"

A consolidated market data feed is a single stream that combines real-time prices, trade sizes and quote updates from all trading venues into one unified view, like a live scoreboard showing the best available buy and sell offers across markets. Investors use it to see the true market price, make timely buy or sell decisions, and ensure trades get the best available price; gaps or delays in that feed can lead to missed opportunities or worse execution.

overnight trading technical

"designed to give investors greater transparency into liquidity and price discovery during the growing overnight U.S. equities trading session"

Overnight trading is buying and selling stocks or other securities outside the regular exchange hours, including both after-hours and pre-market sessions conducted on electronic networks. It matters to investors because important news or overseas market moves can change prices when fewer participants are active, so orders may fill at very different prices and with less liquidity—like shopping when most stores are closed, with fewer options and wider price swings.

order books technical

"multiple venues that operate independently and do not share order books"

An order book is a real‑time list kept by an exchange or trading platform that shows all standing buy and sell orders for a particular stock, arranged by price and quantity so you can see who wants to trade and at what prices. Investors use the order book to gauge supply and demand, how easily a trade can be executed, and where price pressure may build — like reading a seating chart to see where buyers and sellers are clustered and how a large entrant might shift the room.

depth of book technical

"see quotes and depth of book across both venues simultaneously"

Depth of book describes how many buy and sell orders exist at different prices for a security, showing the quantity available both near the current market price and further away. Investors use it to judge liquidity and how much a trade could move the price—like seeing how many items are left on store shelves at each price, so a large purchase won’t suddenly cause a shortage or big price jump.

liquidity technical

"greater price transparency and liquidity visibility across multiple overnight trading venues"

Liquidity is how easily and quickly an asset or investment can be converted into cash without losing value. It matters to investors because higher liquidity means they can access their money quickly if needed, while lower liquidity can make it harder to sell assets promptly or at a fair price, potentially creating financial challenges. Think of it like trying to sell a common item versus a rare collectible—it's much easier to sell the common item fast.

View in glossary

Level 2 technical

"$4.99 per month subscription for a full order book (Level 2) view"

Level 2 is a real-time view of a stock’s trading interest that shows individual buy and sell orders, including the prices and sizes offered by market makers and trading venues. For investors it reveals market depth and liquidity—like seeing the full line at a ticket window rather than just the last sale—helping assess how easily a position can be bought or sold and how near-term prices might move.

View in glossary

top of book technical

"Free synthetic BBO "top of book" data, available as part of the consolidated market data feed"

The top of book is the best available buy price and the best available sell price for a stock at a given moment, shown as the highest offer from buyers and the lowest offer from sellers. It matters to investors because it determines the price at which trades can execute immediately and indicates short‑term liquidity and the cost of crossing the price gap — like seeing the best offer and best bid on a marketplace before you decide to buy or sell.

u.s. equities financial

"overnight U.S. equities trading session"

U.S. equities are stocks issued by companies that trade on U.S. stock markets, representing fractional ownership in those businesses. They matter to investors because they offer a way to share in a company’s profits and losses—like owning a slice of a pie—while reflecting U.S. economic trends, regulatory rules, and market liquidity, all of which influence potential returns and risk in an investment portfolio.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

For the first time, global investors can access greater price transparency and liquidity visibility across multiple overnight trading venues

ST. PETERSBURG, Fla., Feb. 11, 2026 /PRNewswire/ – Webull Corporation (NASDAQ: BULL), owner of the Webull online investment platform, today announced the global launch of its consolidated market data feed for overnight trading, designed to give investors greater transparency into liquidity and price discovery during the growing overnight U.S. equities trading session.

Traditionally, overnight trading in U.S. equities takes place across multiple venues that operate independently and do not share order books. Webull's consolidated market data feed brings together real-time insights from Blue Ocean and Bruce Markets – two venues that trade U.S. equities overnight – into a single, unified view on the Webull platform. 

"For our global investor base, overnight trading is often when opportunity happens," said Anthony Denier, Group President and U.S. CEO of Webull. "By bringing together multiple overnight market data feeds into a single view, we're improving access to U.S. markets for a global audience and giving traders the transparency they need to participate with confidence, wherever they are." 

While order routing remains unchanged, the consolidated feed allows users to see quotes and depth of book across both venues simultaneously, offering a more complete picture of available liquidity.

By connecting these data feeds, Webull aims to help customers better capture liquidity and identify pricing opportunities during overnight trading hours, when transparency can otherwise be fragmented.

The product is designed primarily for active overnight traders, including traders in the Asia-Pacific region accessing U.S. markets during their local daytime hours. The consolidated market data feed is currently available to Webull users across 11 of its 14 markets, with the remaining three markets launching soon.

Webull offers both free and subscription options for accessing consolidated overnight market data:

• Free synthetic BBO "top of book" data, available as part of the consolidated market data feed
• $4.99 per month subscription for a full order book (Level 2) view, providing deeper insight into overnight liquidity across both venues

The launch reflects broader innovation across the financial industry as 24/5 U.S. equities trading continues to evolve and brokers invest in tools that improve transparency and the overall trading experience for global investors.

To learn more about Webull's consolidated overnight market data offering, visit: https://www.webull.com/trading-investing/overnight-trading 

About Webull Corporation  

Webull Corporation (NASDAQ: BULL) owns and operates Webull, a leading digital investment platform built on next-generation global infrastructure. Through its global network of licensed brokerages, Webull offers investment services in 14 markets across North America, Asia Pacific, Europe, and Latin America. Webull serves more than 25 million registered users globally, providing retail investors with 24/7 access to global financial markets. Users can put investment strategies to work by trading global stocks, ETFs, options, futures, fractional shares, and digital assets through Webull's trading platform, which seamlessly integrates market data and information, its user community, and investor education resources. Learn more at www.webullcorp.com.

Media Contact
Nicholas Koulermos 
5W Public Relations 
Webull@5wpr.com 
(212) 999-5585 

View original content:https://www.prnewswire.com/news-releases/webull-launches-consolidated-market-data-feed-for-overnight-trading-302685206.html

SOURCE Webull Corporation

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Webull announce on February 11, 2026 about overnight market data (BULL)?

Webull launched a consolidated overnight market data feed combining quotes and depth from two venues. According to the company, it unifies real-time insights from Blue Ocean and Bruce Markets into one platform view for global users.

How much does Webull's Level 2 consolidated overnight data cost for BULL users?

The full order book Level 2 feed is priced at $4.99 per month. According to the company, a free synthetic BBO top-of-book is also provided as part of the consolidated offering.

Which Webull markets can access the consolidated overnight feed for BULL as of Feb 11, 2026?

The consolidated overnight feed is available in 11 of Webull's 14 markets at launch. According to the company, the remaining three markets will get access soon.

Who is the consolidated overnight market data feed for BULL designed to help?

The feed is aimed primarily at active overnight traders, especially in the Asia-Pacific region accessing U.S. markets. According to the company, it improves transparency for global traders during local daytime hours.

Will Webull's consolidated feed change order execution or routing for BULL trades?

No, order routing and executions remain unchanged despite the consolidated data feed. According to the company, the product only consolidates quotes and depth of book for improved visibility, not order routing.