k.6.1 asked in Business & FinanceInvesting · 1 decade ago

What is NASDAQ?

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  • 1 decade ago
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    The NASDAQ (or the National Association of Securities Dealers Automated Quotation) is the largest electronically based stock exchange in the US. Therefore, unlike the New York Stock Exchange (NYSE), which has a physically trading floor where trades are conducted, all of the NASDAQ's trades take place on a large telecommunication network.

    Furthermore, unlike many exchanges, the NASDAQ operates via a dealer's market, which is a method of facilitating market transactions by having all buyers and sellers deal directly with a market maker to buy and sell stocks.These market makers provide different price quotes in which they will buy/sell stock from/to individuals at.

    While the NASDAQ has lower listing standards, which are requirements that a company must fulfill before they are allowed to be listed, compared to the NYSE, this does not mean that only smaller and more speculative companies are listed on it. Many well-established technology companies (such as Google, Microsoft and Apple) have always been listed on the NASDAQ.

    Source(s): Markets Demystified http://www.investopedia.com/articles/02/101102.asp... The Tale Of Two Exchanges: NYSE And Nasdaq http://www.investopedia.com/articles/basics/03/103...
  • Anonymous
    1 decade ago

    it stands for "National Association of Securities Dealers Automated Quotations system"

    It is another stock exchange in America

    http://en.wikipedia.org/wiki/NASDAQ

  • Anonymous
    1 decade ago

    A public company.

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