Japanese Association of Securities Dealers Automated Quotation System

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Japanese Association of Securities Dealers Automated Quotation System (Jasdaq)

Japanese equivalent of Nasdaq.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Japanese Association of Securities Dealers Automated Quotation System

An electronic securities exchange headquartered in Tokyo. Founded in 1963 as an over-the-counter exchange, it reorganized as a securities exchange in 2004. At reorganization, it became the first new securities exchange in Japan in nearly a half century. While its operations are similar to NASDAQ in the United States, the two are unrelated.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
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The Nikkei Jasdaq average, which lists small-to medium-cap shares, ended down 0.59 percent at 2002.36 after hitting its lowest since August 2005.