NASDAQ (redirected from NASDAQ Level II)
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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
" 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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
The world's largest electronic stock market, with trades executed through a computer and telecommunications network connecting market makers, electronic communications networks, and order-entry firms. Nasdaq trading commenced in 1971, when the system was owned by the National Association of Securities Dealers. NASD members voted in 2000 to spin off Nasdaq into a shareholder-owned, for-profit company. Formerly called National Association of Securities Dealers Automated Quotation System.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
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 the USA STOCK MARKET/EXCHANGE based in New York which specializes in the listing of high tech companies such as Microsoft, Dell and Amazon. The Nasdaq SHARE PRICE INDEX monitors and records the share price movements of the companies listed in the exchange. See DOW JONES INDEX.
In 1999 Nasdaq set up an exchange in London as a direct competitor to the London Stock Market's ‘Techmark’ exchange.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
NASDAQ the US STOCK EXCHANGE, based in New York, that specializes in the high-tech companies such as Microsoft, Dell and Amazon. The Nasdaq SHARE PRICE INDEX monitors and records the share price movements of the companies listed in the exchange. See DOW-JONES INDEX.
In 1999 Nasdaq set up an exchange in London as a direct competitor to the London Stock Exchange's Techmark exchange.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005