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Nasdaq |
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Nasdaq NASDAQ The largest electronic exchange in the world and the second largest exchange in the United States. It was established in 1971 and was originally organized as a successor to over-the-counter "curb trading" that was previously popular in New York. As a result it was considered in some circles an over-the-counter trading system as late as the mid-1980s. NASDAQ has the highest trading volume of any exchange in the world, and is a popular exchange for technology companies. It was originally owned by the NASD (now FINRA) and was spun off in 2000 and 2001. See also: NASDAQ Composite Index, Dot-Com Bubble.
National Association of Securities Dealers Automated Quotation System (NASDAQ). NASDAQ is a computerized stock trading network that allows brokers to access price quotations for stocks being traded electronically or sold on the floor of a stock exchange. Nasdaq What Does Nasdaq Mean? A computerized market or exchange that facilitates trading by providing price quotations on more than 5,000 actively traded overthe-counter stocks. Created in 1971, the Nasdaq was the world's first electronic stock market. Stocks on the Nasdaq traditionally are listed by using four or five letters as their ticker symbols. If a company is a transfer from the New York Stock Exchange, the symbol may consist of three letters. Some companies are listed on two exchanges and are called dually listed stocks. Investopedia explains Nasdaq The term “Nasdaq” used to be capitalized “NASDAQ” as an acronym for National Association of Securities Dealers Automated Quotation. The acronym no longer is used, and Nasdaq is now a proper noun. The Nasdaq is traditionally home to many high-tech stocks, such as Microsoft, Intel, Dell, and Cisco. Related Terms: How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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